1.  Statement: The X-Airlines has decided to increase the passenger fare by 15 percent with immediate effect.
Assumptions:
I. The demand for seats of X-Airlines may remain unchanged even after the hike of fare.
II. Other airline companies may also hike the passenger fares.


Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Both I and II are implicit


Answer

 Option

Clearly, such decisions are taken only after making sure that it will not affect the company's business adversely. So, I is implicit. However, the impact of this increase on other airlines cannot be ascertained. So, II is not implicit.

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2.  Statement: The regulatory authority has set up a review committee to find out the reasons for unstable stock prices.
Assumptions:
I. The investors may regain confidence in stock market by this decision.
II. The review committee has the expertise to find out the causes for volatility in the stock market.


Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Both I and II are implicit


Answer

 Option

Clearly, I mentions the aim for which the step talked about in the statement, has been undertaken while II mentions the essential requirement for it. So, both I and II are implicit.

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3.  Statement: Shalini made an application to the bank for a loan of Rs. 1,80,000 by mortgaging her house to the bank and promised to repay it within five years.
Assumptions:
I. The bank has a practice of granting loans for Rs. 1,00,000 and above.
II. The bank accepts house as collateral security against such loans.


Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Both I and II are implicit


Answer

 Option

The fact that Shalini has applied for a loan of Rs. 1,80,000 implies that the bank can grant a loan above Rs. 1,00,000. So, I is implicit. II also follows directly from the statement and so is implicit.

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4.  Statement: Please note that the company will provide accommodation to only outside candidates if selected. - A condition in an advertisement.
Assumptions:
I. The local candidates would be having some other arrangement for their stay.
II. The company plans to select only local candidates.


Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Both I and II are implicit


Answer

 Option

The statement mentions that the company intends to provide accommodation only to outside candidates. This means that local candidates would have to arrange accommodation on their own and that the company may select local as well as outside candidates. Thus, only I is implicit.

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5.  Statement: Lack of stimulation in the first four or five years of life can have adverse consequences.
Assumptions:
I. A great part of the development of observed intelligence occurs in the earliest years of life
II. 50 percent of the measurable intelligence at age of 17 is already predictable by the age of four.


Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Both I and II are implicit


Answer

 Option

The lacking in first four or five years can be adverse because it is the main period of development. So, I is implicit. Since nothing is mentioned about the predictability of intelligence, II is not implicit.

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