Present in any of the Competitive exams, Reasoning plays an important role. Are you aware of the concept of Statements and Arguments? Don’t worry we will be here to help you by conducting Statements and Arguments Quiz. Suppose if you get good marks in the Reasoning topic then that will be helpful for you in various types of exams. Meanwhile, we are providing some Statements and Arguments Quiz Questions, please go and give a look on that. And also we have provided you the Statements and Arguments Quiz Questions and Answers. Paradoxically we have granted the Statements and Arguments Quiz Questions and Answers pdf.
Statements and Arguments Quiz Details
| Quiz Name | Statements and Arguments |
| Category | Reasoning |
| Number of Questions | 23 |
| Time | 30 Minutes |
| Exam Type | MCQ (Multiple Choice Questions) |
Statements and Arguments Quiz Online Test – Practice Now
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1. Statement: All employees of the bank must have a degree in finance.
Argument 1: This will ensure that employees have the necessary knowledge to perform their jobs effectively.
Argument 2: It will limit the pool of potential candidates, making it harder to fill job vacancies.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as having a degree in finance ensures competence but may limit the pool of potential candidates.
2. Statement: The bank will offer bonuses to employees who meet their sales targets.
Argument 1: This will motivate employees to perform better.
Argument 2: It may lead employees to engage in unethical behavior to meet their targets.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as bonuses can motivate employees but may also lead to unethical behavior.
3. Statement: The bank is facing a financial crisis and needs to reduce costs.
Argument 1: Cutting employee salaries is the most effective way to reduce costs.
Argument 2: Reducing the number of branches is a better way to reduce costs than cutting employee salaries.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option B.
Explanation – Only argument 2 is true as reducing the number of branches is a better way to reduce costs than cutting employee salaries.
4. Statement: The bank is planning to introduce a new credit card with lower interest rates.
Argument 1: This will attract more customers and increase profits.
Argument 2: The bank may face losses due to the lower interest rates on the new credit card.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the new credit card may attract more customers but also lead to losses due to the lower interest rates.
5. Statement: The bank is considering outsourcing its customer service department to a third-party company.
Argument 1: This will reduce costs for the bank.
Argument 2: Outsourcing may result in a decline in customer service quality.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as outsourcing may reduce costs but also lead to a decline in customer service quality.
6. Statement: The bank has decided to introduce a new mobile banking app.
Argument 1: This will improve the customer experience and increase customer loyalty.
Argument 2: The cost of developing and maintaining the app may outweigh the benefits.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the new mobile app may improve customer experience and loyalty but may also come with high costs.
7. Statement: The bank is planning to close its branches on weekends.
Argument 1: This will reduce operating costs for the bank.
Argument 2: It may inconvenience customers who can only visit the bank on weekends.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as closing branches on weekends may reduce operating costs for the bank but may also inconvenience customers who can only visit on weekends.
8. Statement: The bank is launching a new advertising campaign to attract more customers.
Argument 1: This will increase the bank’s visibility and attract new customers.
Argument 2: The cost of the advertising campaign may exceed the expected increase in profits.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the advertising campaign may increase visibility and attract new customers but may also come with high costs.
9. Statement: The bank is introducing new security measures to protect customer information.
Argument 1: This will increase customer confidence in the bank and attract new customers.
Argument 2: The new security measures may be expensive to implement and maintain.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the new security measures may increase customer confidence but may also come with high costs.
10. Statement: The bank is planning to merge with another bank.
Argument 1: This will increase the bank’s market share and profitability.
Argument 2: The merger may result in job losses for employees of both banks.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the merger may increase market share and profitability but may also result in job losses.
11. Statement: The bank is offering a discount to customers who open a new savings account.
Argument 1: This will encourage customers to open a new savings account.
Argument 2: The discount may not be significant enough to attract many new customers.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the discount may encourage customers to open a new savings account but may not be significant enough to attract many new customers.
12. Statement: The bank is increasing the interest rates on its loans.
Argument 1: This will attract more customers who are looking for loans.
Argument 2: The bank may lose existing customers who cannot afford the higher interest rates.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the higher interest rates may attract new customers but may also result in the loss of existing customers.
13. Statement: The bank is launching a new mobile payment system.
Argument 1: This will improve the convenience of making payments for customers.
Argument 2: The new payment system may have security vulnerabilities that could lead to fraud and financial losses for customers.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the new payment system may improve convenience for customers but may also come with security vulnerabilities.
14. Statement: The bank is planning to close branches in rural areas.
Argument 1: This will reduce operating costs for the bank.
Argument 2: It may inconvenience customers in rural areas who will have to travel further to reach a branch.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is
Answer: Option C.
Explanation – Both arguments are true as closing branches in rural areas may reduce operating costs for the bank but may also inconvenience customers who have to travel further to access banking services.
15. Statement: The bank is introducing a new credit card with cashback rewards.
Argument 1: This will attract new customers who are interested in cashback rewards.
Argument 2: The new credit card may have higher interest rates and fees compared to other credit cards.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the new credit card may attract customers interested in cashback rewards but may also come with higher interest rates and fees.
16. Statement: The bank is implementing new technology to reduce wait times for customers in branches.
Argument 1: This will improve customer satisfaction and retention.
Argument 2: The new technology may not work as intended and cause more delays and frustration for customers.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the new technology may improve customer satisfaction and retention but may also have unforeseen issues that cause delays and frustration.
17. Statement: The bank is closing its credit card division.
Argument 1: This will reduce costs and improve profitability for the bank.
Argument 2: It may result in job losses for employees working in the credit card division.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as closing the credit card division may reduce costs and improve profitability but may also result in job losses for employees.
18. Statement: The bank is offering a bonus to employees who meet their sales targets.
Argument 1: This will motivate employees to work harder and improve sales.
Argument 2: The bonus may not be enough to make a significant difference in employee performance.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as the bonus may motivate employees to work harder but may not be significant enough to make a difference in performance.
19. Statement: The bank is expanding its services to include investment advice.
Argument 1: This will attract new customers who are interested in investment advice.
Argument 2: The bank may not have the expertise or resources to provide high-quality investment advice.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as expanding services to include investment advice may attract new customers but the bank may not have the expertise or resources to provide high-quality advice.
20. Statement: The bank is reducing the number of tellers in its branches.
Argument 1: This will reduce operating costs for the bank.
Argument 2: It may result in longer wait times for customers and reduce customer satisfaction.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as reducing the number of tellers may reduce operating costs for the bank but may also result in longer wait times and reduced customer satisfaction.
21. Statement: The bank is partnering with a fintech company to offer new digital banking services.
Argument 1: This will attract tech-savvy customers who prefer digital banking.
Argument 2: The partnership may face regulatory and compliance issues that could affect the bank’s reputation.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as partnering with a fintech company may attract tech-savvy customers but may also face regulatory and compliance issues that could affect the bank’s reputation.
22. Statement: The bank is increasing its fees for account holders.
Argument 1: This will increase revenue for the bank.
Argument 2: It may cause account holders to switch to a competitor bank with lower fees.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as increasing fees may increase revenue for the bank but may also cause account holders to switch to a competitor bank with lower fees.
23. Statement: The bank is increasing its loan interest rates.
Argument 1: This will increase revenue for the bank.
Argument 2: It may make it more difficult for borrowers to repay their loans and lead to loan defaults.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as increasing loan interest rates may increase revenue for the bank but may also make it more difficult for borrowers to repay their loans and lead to loan defaults.
24. Statement: The bank is increasing its presence in international markets.
Argument 1: This will increase revenue and growth opportunities for the bank.
Argument 2: The bank may face challenges such as currency fluctuations and political instability in international markets.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as increasing presence in international markets may increase revenue and growth opportunities for the bank but may also face challenges such as currency fluctuations and political instability.
25. Statement: The bank is launching a new marketing campaign to attract millennial customers.
Argument 1: This will help the bank appeal to a younger demographic and increase its customer base.
Argument 2: The marketing campaign may not be effective in attracting millennial customers or may be seen as insincere by them.
Options: A) Only argument 1 is true. B) Only argument 2 is true. C) Both arguments are true. D) Neither argument is true.
Answer: Option C.
Explanation – Both arguments are true as launching a new marketing campaign may help the bank appeal to a younger demographic and increase its customer base but may also not be effective or seen as insincere by millennial customers.
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Statements and Arguments Reasoning Quiz topic is beneficial in present any of the competitive exams. Here the time is the most important one because we have to manage our time correctly in any of the exams. We need to finish the review within the time, but it is not possible. But many aspirants are spending theirs mostly on calculation. Can you guess that how fast a candidate can complete their exam within the time? Here on this page, we are providing some tips how to prepare this Statement and Arguments Quiz.
About the Statements and Reasoning Quiz
A Statements is nothing but a collection of words and lets coming to the Arguments it means showing something that is accurate information practically and logically it is right. Arguments are of 2 types Arguments Strong and weak arguments without knowing that you cant give a correct answer about Argument. The statement that mainly based on Social, Political, Economic. The evidence is also found on two types as above mentioned.
In addition to that now its time to know about Strong and weak Arguments which will be helpful for us in Statement and Arguments Quiz and also in any Competitive Exams.
Strong Argument
Strong Arguments are those which directly denote the statements, and it has to satisfy valid, truth statements. The features of Strong Arguments are:
- First and most if any of the Arguments based on the experiences of real life, those are called Experienced Truth.
- If any decisions that are taken by the government or any international institutes they come under Analysed Truth.
- Finally, if any of the Statements scientifically proved those are known as Universal Truths.
Weak Arguments
These are the Arguments which indirectly denote the Statements ad it doesn’t satisfy the logical and valid Statements. The following are some of the features of weak arguments:
- In any of the cases would be simple but its Statement formation is not correct those are called the Simple Arguments.
- Some of the Arguments based on the personal decisions those will be known as Opinion based Arguments.
- The statements which confuse the candidates those are called Ambiguous Arguments.
- Statements which are never acceptable since those will comes under this Superfluous Arguments.
Benefits by Practicing this Statements and Arguments Quiz
- By taking this Statements and Arguments Quiz which we have provided in this article. The candidates will benefit with this page. Read the article you can get a bright idea on the topic namely Statements and Arguments Quiz.
- In this, we have provided some Statements and Arguments which are repeated most of the times in the top university exams and also many of the entrance exams.
- The contenders can take this Statements and Arguments Quiz multiple of times which will be helpful in the Competitive Exams. Here there is time limit spend 30 minutes of time.
- And we are providing you the correct answer with explanation with detailed manner everyone can understand about this topic after reading this article.
Results of Statements and Arguments Quiz
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