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. Give answer
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Statement:
The Law Commission of India has called for sweeping changes in life insurance laws not only to promote insurance business in the country but also to protect policy holders from hassles in claiming settlements.
Assumption
I.The interests of policy holders had not been entirely satisfied particularly in the area of claims settlement.
II. Sweeping changes in life insurance laws are possible.
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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
Correct Option: E
Why was the need felt make the change ? There was certainly something dissatisfactory. Hence I is the assumption behind it. II is obvious.
