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The behaviour of a fictitious stock market index (comprising a weighted average of the market prices of a selected list of companies including some multinational corporations (MNC’s) over a 15 day period is shown in the graph. The behaviour of the MNC’s in the same period is also shown in the second graph. Which one of the following is a valid conclusion ?

Options

(a)

MNC’s fell steeper in the period depicted

(b)

Share prices of every non-MNC company soared by over 5% on the 12th day

(c)

Government announced a policy disfavouring MNC’s on the 11th day

(d)

Whatever be the reason favouring market revival on the 12th day, it appears to be relevant only to non-MNC companies

Answer

Answer not available