Direction: In each question below is given a statement followed by two assumption numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumption and decide which of the assumption is implicit in the statement.
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Statement:
The finance ministry freshly brought out a hug revenue deficit because customs and excise have done badly due to severe industrial slowdown.
Assumptions:
I. Excise and customs has a good stake in revenue collection of the government.
II. Customs and excise has a strong link- up with industrial performance.
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- if only assumption I is implicit.
- if only assumption II is implicit.
- if either I or II is implicit.
- if neither I nor II is implicit.
- if both I and II are implicit.
- if only assumption I is implicit.
Correct Option: E
The way the poor performance on excise and customs fronts has been shown to be the cause of the "huge revenue deficit" makes I implicit. Similarly, II is implicit from the way it affected customs and excise.