Statement and Argument - Verbal and Reasoning

Q1:

Statement: Should so much money be spent on advertisements? Arguments:
  1. Yes. It is an essential concomitant in a capitalist economy.
  2. No. It leads to wastage of resources.

A Only argument I is strong

B Only argument II is strong

C Either I or II is strong

D Neither I nor II is strong

E Both I and II are strong

ANS:A - Only argument I is strong

Explanation: Clearly, the advertisements are/the means to introduce people with the product and its advantages. So, argument I holds strong. But argument II is vague because advertisements are an investment for better gain and not a, wastage.