## Statement and Assumption

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: His recent investment in the shares of Company A is only a gamble. Assumptions: He may incur loss on his investment. He may gain from his investment.

A Only assumption I is implicit
B Only assumption II is implicit
C Neither I nor II is implicit
D Both I and II are implicit
E Either I or II is implicit

ANS:C - Either I or II is implicit

Explanation: The use of the world 'gamble' indicates that he may either gain or lose in the deal.

## For help Students Orientation Mcqs Questions

One stop destination for examination, preparation, recruitment, and more. Specially designed online test to solve all your preparation worries. Go wherever you want to and practice whenever you want, using the online test platform.