Question Paper from: IBPS Clerk Mains 2017

Statement: A slump in home sales has pushed builders’ inventory to “unsustainable levels” in the National Capital Region of Delhi, creating conditions for a real price correction that developers have so far avoided. Which of the following statements is inferred on the basis of the given statement?

1:
Demand for houses is quite low in most of the big cities.
2:
The high inventory level will hamper the ability of launching new projects by the builders.
3:
Builders in the market who have shown a good track record of delivering on time and on their promises have been able to garner sales even in this slow market.
4:
Unless this unsold stock gets absorbed, it will be difficult for consumer confidence to come back in this market.
5:
High prices have pushed most of the on-sale apartments beyond the reach of average home buyers.
Solution:
Chapter Name: Passage Inference

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IBPS Clerk Mains 2017

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