Deductive Reasoning is a logical thinking approach that works from general to specific. Works from theory > specific hypothesis > collect observations > conclusion. It is also known as top-down approach.
Inductive Reasoning is a logical thinking approach that works from specific to general. Works from specific observation > detect pattern > formulate hypothesis > theory. It is also known as bottom-up approach.
An application-oriented question on the topic along with responses can be seen below. The best answer was provided by Johanan Collins on 17th Aug 2021.
Applause for all the respondents - Shrikant Angre, Somnath Mukhopadhyay, Amit Kumar Singh, Abhishek Chaudhary, Johanan Collins, Vinod Jeba Azir, Darryl Collins.