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Statement and Assumption - Verbal and Reasoning

Directions to SolveIn each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.
Q1:

Statement: An advertisement: Now you can own a new car in just Rs. 1,999 per month. Assumptions:
  1. People aspire for owning a car.
  2. People do not want to buy used cars.
  3. Most people can afford to pay Rs. 1,999 per month for a new car.

A Only I and II are implicit

B Only II and III are implicit

C Only I and III are implicit

D All are implicit

E None of these

ANS:D - All are implicit

Explanation: The advertisement has been given seeing the demand for cars. So, I is implicit. The advertisement stresses on 'owning a new car'. This implies that people would prefer to buy a new car rather than a used one, provided it suits their budget. So, II is implicit. The words 'just Rs. 1,999 per month' in the statement make III implicit.