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Statement and Assumption - Verbal and Reasoning

Q1:

Statement: Everybody loves reading adventure stories. Assumptions:
  1. Adventure stories are the only reading material.
  2. Nobody loves reading any other material.
  3. All are literate.

A None is implicit

B Only I and II are implicit

C All are implicit

D Only II and III are implicit

E None of these

ANS:A - None is implicit

Explanation: The statement mentions that adventure stories are liked by everybody. This does not mean that there is no other reading material or nobody loves reading any other material. So, neither I nor II is implicit. Besides, 'everybody' in the statement stands for 'all literate people' and not for 'all people'. So, III is also not implicit.