Discussion Forum



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 : The regulatory authority has set up a review committee to find out the reasons for unstable stock prices.

Assumptions : I. The investors may regain confidence in stock market by this decision.

II. The review committee has the expertise to find out the causes for volatility in the stock market.


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 E

Explanation:

Clearly, I mention the aim for which the step talked about in the statement, has been undertaken while II mentions the essential requirement for it. So, both I and II are implicit.