Statement - Conclusions - Logical Reasoning (MCQ) Questions for Q. 29623

Q.  In the following question, a statement/group of statements is given followed by some conclusions. Without resolving anything yourself, choose the conclusion which logically follows from the statement(s).

Statement - Oligopoly is characterised by presence of competition.

The 5G broadband services are provided only by Company X.

- Published on 25 Apr 17

a. The X company is a corrupt company.
b. The X company is publicly owned.
c. The X company’s market is monopolistic.
d. The X company has many competitors.

ANSWER: The X company’s market is monopolistic.

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