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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: "We have the distinction of being the only company in India as well as the second in the world to have won an ISO 9002 certification in our line of business." - Statement of Company X's Chairman. Assumptions:
  1. There were not many companies in the line of business of Company X.
  2. Getting ISO 9002 in the line of business of Company X is not easy.
  3. The Company X desires to expand its business.

A Only I is implicit

B Only II is implicit

C Only III is implicit

D Only II and III are implicit

E None of these

ANS:D - Only II and III are implicit

Explanation: The statement mentions that there are only two companies in this line of business which are ISO 9002 certified. But nothing about the total number of companies in this line can be deduced. So, I is not implicit. Also, had it been easy to get ISO 9002 certification, there would have been a large number of ISO 9002 companies. So, II is implicit. Also, the company must have reached up to such high international standards to make its mark in its line of business. So, III is also implicit.