Banking Sample Paper SBI PO (Main) Sample Test Paper-2

  • question_answer
    Statement: The government has increased the price of aviation turbine fuel by 9.2 per cent, while that of nonsubsidised cooking gas was raised by Rs. 21 per cylinder. Which of the following may be a probable reason(s) for the increase in the prices of turbine fuel and gas cylinder by the government?

    A)  Increase in the price of gas and fuel in the international market

    B)  Increase in taxes on fuel and cooking gas by the government

    C)  Decrease in the subsidies given by the government on fuel and cooking gas

    D)  To overcome the loss on the petroleum products by the oil marketing companies

    E)  All the above

    Correct Answer: E

    Solution :

     Prices will rise in each of the above cases.


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