Discussion :: Statement and Assumption
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Statement: In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market.
Assumptions:
- The dealers will follow the government directive.
- The sugar prices will come down.
- The price of indigenous sugar will remain unchanged.
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A.
Only I and II are implicit
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B.
Only II and III are implicit
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C.
Only I and III are implicit
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D.
None is implicit
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E.
All are implicit
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Answer : Option A
Explanation :
The government's decision is clearly a measure to increase supply and control rates. So, both I and II are implicit, while III is not.
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