Direction: In each question below is given a statement followed by two assumptions number 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 assumptions is implicit in the statement.
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Statement:
The Government has decided against reduction of prices of petroleum products though there is a signification drop in the crude oil prices in the international market.
Assumption:
I. The prices of crude oil in the international market may again increase in the near future.
II. The present prices difference of petroleum products will help the government to with stand any possible price rise in future.
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- if only assumption I is implicit.
- if only assumption II is implicit.
- if either assumption I or II is implicit.
- if neither assumption I nor II is implicit.
- if both assumption I and II are implicit.
Correct Option: D
it is not necessary that price rise he these on the mind of the govt while taking the decision. Hence I nor II is implicit. In fact, the truth is that our petroleum companies are running losses even after the drop international prices.
