MAT Exam 2022 Paper

Concept:A policy review leaves both possible outcomes open — increase or no increase.Explanation:The statement says the Government will review the diesel price policy because of a possible further rise in international oil prices.A review is meant to examine the situation before deciding the next step.The review may lead to an increase in diesel prices.Alternatively, it may lead to keeping prices stable by adjusting other factors.Therefore, neither conclusion I nor conclusion II is definitely true on its own.Since the Government must either increase the price or not increase it, one of the two conclusions has to be true.Hence, the two conclusions together form a valid either-or pair.Answer:Option C — Either I or II follows.