RBI Grade B Officer 9 Nov 2019 Paper

Cause – Cement manufacturing companies have increased the price of cement by about fifteen percent with immediate effect.
Which of the following is / are possible effects(s) of the above cause?
1) Govt. will direct the cement manufacturing companies to reduce the price increase to five percent.
2) The prices of residential flats and commercial companies will see an upward trend.
3) The construction companies may stop all ongoing construction projects with immediate effect.