Statement and Conclusions Questions

According to the statement, Government has spoiled financial institutions by appointing bureaucrats as Directors. This means that only those persons should be appointed as Directors who are experts in finance and are acquainted with the financial work of the institute. So, both a and b follows.

From statement A, we know that Pipe A can fill the tank in 40 hours. However, this information is not sufficient as we do not have the data for Pipe B. Hence, statement A alone cannot answer the given question.

From statement B, we know that Pipe B is one third as efficient as pipe A. However, we do not know the rate at which Pipe A fills the tank. Hence, we will not be able to find the rate at which Pipe B fills the cistern. Therefore, statement B alone is not sufficient to answer the question.

Now, if we combine the two statements, we know that Pipe A take 40 hours to fill the cistern.
Pipe B takes 120 hours to fill the cistern.

If they worked alternately, then either Pipe A could have started the cycle or Pipe B could have started the cycle.

If Pipe A started the sequence of filling alternately, then at the end of two hours, the two pipes together would have filled 1/40 + 1/120 = 1/30  th of the tank in an hour. Or the cistern will fill in 30 hours.

If Pipe B started the sequence, then at the end of 2 hours, the two pipes together would have filled 1/120 + 1/40 = 1/30 th of the tank in an hour. Or the cistern will fill in 30 hours.

As the answer obtained irrespective of which pipe started the sequence is the same, the correct answer is (3) - i.e., both the statement are sufficient to answer the question.

According to the statement, National Aluminium Company has moved Georgia from a position of shortage in the past to self-sufficiency in the present. This means that previously, Georgia had to import aluminium. So, I follows. Also, it can be deduced that if production increases at the same rate, Georgia can export it in future. So, II also follows. 

Which factors influence the food processing industry cannot be determined from the statement. Hence I does not follow. II does not follow because the statement doesn't give any clue about the industry's centrality to our lives.

Fall of demand of gold is due to rising prices. Hence, I can be concluded. II cannot be concluded from the given statement.