search
arrow-left Previous
Next arrow-right
Q: A statement is given following by rwo assumptions number I and II. You have to assume everything in the statement to be true and decide which of the assumptions is/are implicit in the statement. Statement: Increase in the tax rates will hart the pockets of the salaried middle class. Assumption: (I) Increase in the prices of goods will hurt the poor too. (II) The middle class will reduce their extra expenditure to save money.
  • A. Only assumption I is implicit
  • B. Neither assumption I nor II is implicit
  • C. Both assumptions I and II are implicit
  • D. Only assumptions II is implicit
Correct Answer: Option D - According to the given statement, only assumption II is implicit. Hence, option (d) is correct.
D. According to the given statement, only assumption II is implicit. Hence, option (d) is correct.

Explanations:

According to the given statement, only assumption II is implicit. Hence, option (d) is correct.