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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: Keeping in view the financial constraints, the management institution has decided to charge at the time of providing employment in various organisations, a placement fee of Rs. 25000 from the organisations in which the student will be provided the employment. Assumptions:
  1. It will help in increasing the demand of the students belonging to the management institution.
  2. The amount collected in this way will be purposeful.
  3. It may be possible that the organisation providing employment may select less number of students in future.

A None is implicit

B Only I is implicit

C Only I and II are implicit

D Only II and III are implicit

E None of these

ANS:D - Only II and III are implicit

Explanation: Since the management has imposed a fee of Rs. 25000 for the employment of each student by the organisation, so III is implicit while I is not. Since the statement mentions that the fee is being charged to cover up the financial constraint, so II is implicit.