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Q.

Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors. Conclusions: 

I. Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies.

 II. Now the investors investing in IT companies will get protection of their investment.

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a

Only conclusion I follows 

b

Only conclusion II follows

c

Either I or II follows

d

Neither I nor II follows

answer is A.

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Detailed Solution

The need for separate rating agency for IT companies clearly indicates that such assessment requires a separate set of skills. So, I follows. However, the statement indicates only the need or demand and neither the future course of action nor its after-effects can be judged. So, II does not follow.

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