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Statement and Assumption - Verbal and Reasoning

Q1:

Statement: The next meeting of the Governing Board of the Institute will be held after one year. Assumptions:
  1. The Institute will remain in function after one year.
  2. The Governing Board will be dissolved after one year.

A Only assumption I is implicit

B Only assumption II is implicit

C Either I or II is implicit

D Neither I nor II is implicit

E Both I and II are implicit

ANS:A - Only assumption I is implicit

Explanation: That the meeting of the Governing Board will be held after one year means the Institute will be functioning at that time. So, I is implicit. The Board cannot be dissolved at the time" when its meeting starts. So, II is not implicit.