Directions: Questions in the form of inference/conclusions are based on the passages given below. The passage is followed by five inferences. You are required to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity. The British people have spoken. The prime minister has resigned. Already, the consequences of what the voters said and why they said it have begun to reshape Britain’s future in profound and potentially dangerous ways. The country has embarked on a perilous journey in which our politics and our economy must be transformed. The vote to leave the EU will challenge not only the government and politicians but all of us whose opinions have been rejected.

Britain’s place in the world must now be rethought. That will demand the kind of debate about our alliances that we have not had since the Suez crisis forced a post-imperial reality on Britain. Once again, the country’s very idea of itself will have to be reimagined too. The deep strains on the nation’s fabric that are partly expressed as a pro-European Scotland, Northern Ireland – and London – and an anti-European England and Wales must be urgently addressed. And a new relationship with a Europe that is in no mood to be generous must be negotiated. As a gleeful Nigel Farage pointed out early on Friday, there are also already voices from the populist right in Denmark, France and the Netherlands arguing for their own definitive vote. And while the Bank of England successfully steadied the City after dramatic early falls in the value of shares and a tumbling pound, these things will take careful management if they are not to translate into a new crunch on the banks, a recession or even – as George Soros warned earlier in the week – a sudden inability to finance the balance of payments. 

The future of the United Kingdom will now be gravely affected because of recent events.