Discussion :: Statement and Assumption
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Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :
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.
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A.
Only assumption I is implicit |
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B.
Only assumption II is implicit |
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C.
Either I or II is implicit |
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D.
Neither I nor II is implicit |
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E.
Both I and II are implicit |
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Answer : Option E
Explanation :
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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