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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 of Bank X - "Want to open a bank account! Just dial our 'home service' and we will come at your doorsteps." Assumptions:
  1. No other bank makes available service at the doorstep of the customer.
  2. People may choose Bank X for their financial transactions.
  3. Nowadays banking has become very competitive.

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 seeks to attract people to open their account in Bank X by promising them service at their doorstep. Since home service' has been used as a tool for earning clientage, so I is implicit. Also, the advertisement seeks to impress upon the people's minds how simple it has become to open an account. This may attract more account holders to Bank X. So, II is implicit. Further, providing banking services at home means that banking has become so competitive that door-to-door service is being provided by the Bank to attract people. Hence, III is also implicit.