Read the definitions below and select the best match between the numbered sentences and the definitions.
Premise: A proposition from which another statement is inferred or follows a conclusion.
Assumption: Something, which is accepted as true.
Facts: Something, which can be checked.
Reason: A cause, explanation or justification for an action or event.
Conclusion: An end, finish or summarization of process or argument.
Proposition: A statement that expresses judgment or opinion.
Question: A sentence worded or expressed so as to elicit opinion.
Inductive inference: An end, finish or summarization reached for “the whole”, based on “a particular” real incidence.
Deductive Inference: An end, finish or summarization reached based on the combining and recombining two or more than two assumptions.
Jawaharlal Nehru set up the Planning Commission in 1950 to guide India towards a "progressive widening of the public sector and a reorientation of the private sector to the needs of a planned economy" (1). Thus was created the license Raj (2). This philosophy was established as a prevailing religion at the 1955 Avadi Congress through the AICC resolution on socialism (3). There was some logic in this affirmation, for capitalism had been a handmaiden to colonialism with the help of tycoons who placed personal interests far above society (4). There was, moreover, lingering fear of economic dependence after Independence (5). But 64 years later, what is the story (6)? In 1950, it is estimated, some 60% or more Indians lived below the poverty line; this year, the Rangarajan report placed the figure at 30% (7).