Question

In the following question,there is a statement followed by two assumptions numbered I and Il.Consider the statement and decide which of the given assumptions is implicit
Statement:Government permitted private self-inancing colleges to increase the fees after careful examination of their educational expenses and allowing a meagre margin
Assumption I:Private self-financing colleges are going to take windfall profit.
Assumption ll:Strict regulations shall be in place to monitor if the colleges are taking extra fee from the students.

• A. Only assumption l is implicit
• B. Only assumption ll is implicit
• C. Neither assumption I nor assumption ll is implicit
• D. Both assumption I and assumption ll are implicit

Answer 1

Answer: (C)

Neither assumption I nor assumption ll is implicit

Answer 2

The correct option is (C):Neither assumption I nor assumption ll is implicit