Statement and Assumption - Verbal and Reasoning

Directions to SolveIn each question below is given a statement followed by two assumptions numbered I and II. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Give answer
  • (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.
Q1:

Statement: An advertisement: "Our shoes are for the rich." Assumptions:
  1. Many people like to be labelled as rich.
  2. One can't become rich unless one has that brand of shoes.

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: The statement stresses on the point that this particular brand of shoes is worn by affluent and upper-class people as they are good-quality shoes. And an advertisement highlights the feature which most people desire. So, I is implicit. But it doesn't mean that one has to have those shoes to be called 'rich'. So, II is not implicit.