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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: 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.