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- Read the passage and answer the following questions The XYZ cooperative milk marketing federation of India Limited has targeted a sales turnover of Rs.
Question 1:
Read the passage and answer the following questions The XYZ cooperative milk marketing federation of India Limited has targeted a sales turnover of Rs. 10,000 crore by the year 2005. As a part of its projections for the next five years, the federation had envisaged Rs. 100 crore worth of exports per year as against its present exports of Rs. 30 crore per year.
As per the federation's plan, the future network will include 100 offices dealing with about 7500 stockists, who in turn would be covering every taluka headquarters and servicing about 10 lakh odd outlets. Its immediate strategy would be to cater to India's next door neighbours for exports of milk products.
The main players in the business in the world are India, United States, Europe, New Zealand and Australia, out of which Europe and United States are forced to go for subsidising due to rising labour cost while Australia and New Zealand are far away from India.
By 2005, more than 90 percent of product of XYZ will be used for domestic market: ?
A. If the inference is definitely true
Feedback From the first two statements it is clear that target sale for domestic market is (10,000 - 100) = 9900 crore, which is clearly more than 90 percent of Rs. 10,000 cr.
B. If the inference is probably true
C. If the data are inadequate
D. If the inference is probably false
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