52599
Unique Id: 18962 Edit screen 1 Edit screen 2

DIRECTION for the question: Answer the question based on the information given in the passage.

Inflation rose by 5% over the second quarter, by 4% during the first quarter and higher than 3% recorded during the same time last year. However, the higher price index did not seem to alarm National stock index, as stock prices remained steady.
 
Which of the following, if true, could explain the reaction of National stock Index?
 
A)
RBI announced that it will take necessary corrective measures
B)
Stock prices were steady because of a fear that inflation would continue
C)
Economist warned that inflation would continue
D)
Much of the quarterly increase in the price level was due to a summer drought effect on food price

Question include in Following Tests :
GMAT Critical Reasoning Test 06
Actual SNAP 2013
Bull Placement Syntel 03
GRAD - CR Practice Exercise 02