If we have to answer the question with a definite Yes or No, we need to know how the operator $ is defined along with the values of p and q.
The definition for the function is given in statement I whereas the values of p and q are given in statement II. As such, we may have to combine the statements, but let us quickly analyse Statement I.
From statement I alone, x$y = 2\(x^2\) – y, for all values of x and y. As per this definition of $, p$q = 2\(p^2\) – q. So, we are trying to check if 2\(p^2\) – q < 20.
If p = 4 and q = 10, 2\(p^2\) – q = 2*16 – 10 = 22. This is not less than 20.
If p = 3 and q = 10, 2\(p^2\) – q = 2*9 – 10 = 8. This is less than 20.
Statement I alone is insufficient to give us a definite YES or a NO for the question. Answer options A and D can be eliminated. Possible answer options are B, C or E.
Statement II alone is insufficient since we only have the values of p and q but not the definition of the operator. Answer option B can be eliminated.
Combining statements I and II, we have the definition of the operator from statement I and the values of p and q from statement II. This will be sufficient to find a definite YES or NO for the question asked.
The combination of statements is sufficient. Answer option E can be eliminated.
The correct answer option is C.
Hope that helps!