Given below are two statements 1 and 2, and two conclusions I and II.…

GATE · 2021 · ME · Set 2 · General AptitudeGATE · 2021 · MT · General Aptitude

Given below are two statements 1 and 2, and two conclusions I and II.

Statement 1: All entrepreneurs are wealthy.

Statement 2: All wealthy are risk seekers.

Conclusion I: All risk seekers are wealthy.

Conclusion II: Only some entrepreneurs are risk seekers.

Based on the above statements and conclusions, which one of the following options is CORRECT?

  1. A.

    Only conclusion I is correct

  2. B.

    Only conclusion II is correct

  3. C.

    Neither conclusion I nor II is correct

  4. D.

    Both conclusions I and II are correct

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