IIM-K (BMSAT) 2025Critical Reasoning > MediumAll risk-takers are successful entrepreneurs.Some successful entrepreneurs are not risk-takers.Some risk-takers may not be entrepreneurs.No risk-taker is a successful entrepreneur.✅ Correct Option: 3Related questions:Statements: (i) Some A are B. (ii) Some C are A. Conclusions: (I) Some C are B. (II) Some B are A.Statements: All birds are insects. All insects are mammals. Conclusions (I) : All mammals are birds Conclusions (II) : All birds are mammalsIn this question, a statement is followed by two conclusions numbered I and II. You have to assume everything in the statement to be true and decide which of them logically follows beyond a reasonable doubt from the information given in the statement. Statement - Due to changes in the application forms, the last date for payment of Income Tax has been extended by a month by the Finance Ministry. It can now be paid upto 30th September 2025 without any penalty for late payment. Conclusion - I. No interest will be charged on income tax payments that are made after 30th September 2025 II. No penalty will be charged for income tax payments that are made before 30th September 2025