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 :
This move has been taken from the point of view of exchange rate management.
Assumptions:
I. Such as a move is not desirable.
II. No other move is 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 is implicit.
- if only assumption I is implicit.
Correct Option: D
I is not implicit: Since the statement is silent on whether the move would have a good or a bad impact, it does not make any assumption about the move's desirability. II is also not implicit . In fact the assumption is on the contrary. If we say that this move has been taken from a particular point of view ( that of exchange rate management), We assume that other moves are also possible.
