1)

In the question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the assumption is implicit.

Statement: His recent investment in the shares of Company A is only a gamble

Assumptions:  I. He may incur loss on his investment.

                     II. He may gain from his investment.

 


A) If only assumption I is Implicit

B) If only assumption II is implicit

C) If either I or II is implicit

D) If neither I nor II is implicit

E) If both I and II are implicit

Answer:

Option C

Explanation:

The use of the world 'gamble' indicates that he may, either gain or lose in the deal.