Given below is a passage followed by several inferences. Examine the passage…
2024
Given below is a passage followed by several inferences. Examine the passage carefully based on the inferences and then decide the validity of each of the inferences.
The country has taken a major initiative by introducing the convertibility of the rupee on the current account. It has also been declared that the ultimate goal is to make the Rupee fully convertible. These are signs of the country's achieving economic maturity. India is now ready to welcome foreign capital. It is preparing to reduce import tariffs to levels that are currently the norm in other developing countries. All these measures show that India is today mature and strong enough to face International Competition and to integrate itself successfully with the global economy. The country is ready to shed its ideological inhibitions and ready to evaluate the international economic environment in a pragmatic spirit.
Current account convertibility means full convertibility.
- A.
If the inference is definitely true;
- B.
If the inference is probably false;
- C.
If the data are inadequate, i.e., in the light of the given passage;
- D.
If the inference is definitely false.
Show answer & explanation
Correct answer: D
Concept: In a statement-and-inference question, an inference is definitely true only when the passage states it directly or it follows with certainty from stated facts, and definitely false only when it directly contradicts an explicit fact or relationship the passage itself states - not merely when it conflicts with a likely assumption. "Data inadequate" applies when the passage neither confirms nor denies the inference, and "probably false" fits only when the passage suggests, without explicitly establishing, that the inference is unlikely.
Applying it here: the passage states two things about the rupee - (1) convertibility on the current account has already been introduced, and (2) the ultimate goal is to make the rupee fully convertible. By calling full convertibility the "ultimate goal" - something still to be achieved, separate from the current-account step already taken - the passage itself treats current-account convertibility and full convertibility as two distinct stages, not one and the same thing.
"Definitely true" fails: the passage places the two ideas at different stages (one already done, one still a future goal), so equating them cannot be definitely true.
"Probably false" fails: the passage gives direct, explicit textual evidence of the distinction, not merely a suggestion of unlikelihood, so "probably" understates it.
"Data inadequate" fails: the passage explicitly supplies both facts needed to judge the inference, so the information is not lacking.
Cross-check: this distinction comes directly from the passage's own wording (an already-introduced step versus a separate, future "ultimate goal"), which is explicit textual evidence, not a probabilistic suggestion. That confirms the inference equating the two is definitely false.