| Statement: The prices of food grains and other essential commodities have decreased for the second consecutive week. |
| Which of the following can be a possible consequence of the facts stated in the above statement? |
| [A] The consumer price index will come down considerably. |
| [B] People will increase their purchase of quantity of essential commodities and food grains. |
| [C] Govt. will increase its taxes on essential commodities and food grains. |
A) Only [A] and [B]
B) Only [B] and [C]
C) Only [A] and [C]
D) All [A], [B] and [C]
E) None of these
Correct Answer: A
Solution :
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