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Question

Logical Reasoning Question on Statements and Assumptions

In each of the questions given below, there is a statement followed by three assumptions numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the statement and assumptions and then decide, which of the assumption(s) is/are implicit in the statement.
Statement : The Reserve Bank of India has directed the banks to refuse fresh loans to major defaulters.
Assumptions :I. The banks may still give loans to the defaulters.
II. The defaulters may repay the earlier loan to get fresh loan.
III. The banks may recover the bad loans through such harsh measures.

A

All are implicit

B

None is implicit

C

Both II and III are implicit

D

Both I and II are implicit

Answer

Both II and III are implicit

Explanation

Solution

The correct option is (C):Both II and III are implicit