## 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: Shalini made an application to the bank for a loan of Rs. 1,80,000 by mortgaging her house to the bank and promised to repay it within five years. Assumptions: The bank has a practice of granting loans for Rs. 1,00,000 and above. The bank accepts house as collateral security against such loans.

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:E - Both I and II are implicit

Explanation: The fact that Shalini has applied for a loan of Rs. 1,80,000 implies that the bank can grant a loan above Rs. 1,00,000. So, I is implicit. II also follows directly from the statement and so is implicit.

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