The upper part of the given graph is a hypothetical movement in the BSE Sensex over a few months and the lower part is the fluctuation in the average value of automobile shares in the same period (actual values not given). Which one of the following infer

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Q: 53 (IAS/2000)
The upper part of the given graph is a hypothetical movement in the BSE Sensex over a few months and the lower part is the fluctuation in the average value of automobile shares in the same period (actual values not given).
Which one of the following inferences can be drawn from the graphs ?

question_subject: 

Current Affairs

question_exam: 

IAS

stats: 

0,5,13,8,2,5,3

keywords: 

{'automobile share market': [0, 1, 0, 0], 'automobile shares': [0, 2, 0, 0], 'fluctuation': [1, 1, 0, 1], 'bse sensex': [0, 1, 0, 0], 'large fluctuations': [0, 1, 0, 0], 'graph': [0, 1, 1, 0], 'graphs': [0, 0, 1, 0], 'inferences': [0, 1, 0, 0], 'average value': [0, 1, 0, 0], 'hypothetical movement': [0, 2, 0, 0], 'price': [0, 3, 1, 12], 'actual values': [0, 1, 0, 0], 'major political change': [0, 2, 0, 0]}

Option 1 suggests that the automobile share market and the BSE Sensex have been equally unstable. However, the graph doesn`t provide information to validate the instability comparison, we only see variations for both.

Option 2 refers to a major political change in June/July. This isn`t related directly to this graph, as the graph is based on the movement of the BSE Sensex and automobile shares, not political changes.

Option 3 states that automobile shares have shown a steady improvement in price, unaffected by large fluctuations in BSE Sensex. This can be inferred from the graphs as we see a general trend of rising value for the automobile shares, despite the shifts in the BSE Sensex.

Option 4, "None of the above", is incorrect because option 3 provides an inference that can be drawn from the graph.

Hence, option 3 is the most reasonable inference given the provided graph and the information above it.

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