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Below is given a passage followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon its degree of truth of falsity. (a) if the inference is ‘definitely true’, i.e. it properly follows from the statement of facts given. (b) if the inference is ‘probably true’ though not ‘definitely true’ in the light of the facts given. (c) if the ‘data are inadequate’, i.e. from the facts given you cannot say whether the inference is likely to be true or false. (d) if the inference is ‘probably false’, though not ‘definitely false’ in the light the facts given and (e) if the inference is ‘definitely false’, i.e. if cannot possibly be drawn from the facts given or it contradicts the given facts. One of the promising features of the current market is that domestic institutions seem to have turned buyers after a very long time. They have been net buyers this month with inflows exceeding by Rs. 80 crore till early this month. That’s admittedly a small amount, but its significance lies in the fact that domestic institutions have been net sellers every month this financial year except in September when their net purchases amounted to a microscopic Rs. 28 crore. This financial year’s net sales by domestic institutions amounted to Rs. 2964 crore, which has substantially offset the net inflows of Rs. 3187 crore by FIIs. The net purchases by domestic institutions could indicate that money is once again flowing into equity funds, eager not to miss the widely expected rally. Part of this reason could be a shift in investor portfolios, as people lighten up on debt and put that money into equity. |
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The equity market is expected to experience a subdued activity in near future. |
if the inference is ‘definitely false’, i.e. if cannot possibly be drawn from the facts given or it contradicts the given facts.
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