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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: The economic condition continues to be critical even after a good harvest season. Assumptions:
  1. The economic condition was not critical before the harvest season.
  2. The economic condition could not have improved without a good harvest season.
  3. The economic condition was expected to improve after a good harvest season.

A Only I and II are implicit

B Only II is implicit

C Only II and III are implicit

D Only III is implicit

E Only I and III are implicit

ANS:D - Only III is implicit

Explanation: It is mentioned that 'the economic condition continues to be critical'. This means that it was critical before the harvest season also. So, I is not implicit. Also, the statement does not imply that only a good harvest season could improve the economic condition. So, II is not implicit. However, since a surprise has been expressed over the condition being critical even after a good harvest season, it means that it was expected to improve after a good harvest season. So, III is implicit.