Directions: Each question has a set of four sequentially ordered statements. Each statement can be classified as one of the following:
- Fact (F): a piece of information that has been heard, seen or read, and which is open to discovery or verification.
- Inference (I): a conclusion drawn about the unknown, on the basis of the known.
- Judgment (J): an opinion that implies approval or disapproval of persons, objects, situations or occurrences in the past, present or future.
Select the answer option that best describes the set of four statements.
- SEBI has given an 'informal guidance' to Insilco on the buy back of Non Convertible Debentures.
- This move could serve as a useful guide for other companies who may have similar plans.
- The debentures are due for redemption in three annual installments.
- Insilco may go ahead with early redemption since SEBI has clarified the process.