Question
Logical Reasoning Question on Statements and Assumptions
Statement:
An advertisement by a public sector bank: we offer higher fixed deposit interest in comarision to other public sector banks.
Assumption:
I. The different public sector banks offer different deposit rates.
II. There is competition in the market to attract customers.
From the above two assumptions, decide which of the assumption is implicit in the statement?
A
Only assumption I is implicit
B
Only assumption II is implicit
C
Both I and II are implicit
D
Neither I nor II is implicit
Answer
Both I and II are implicit
Explanation
Solution
The Correct Option is (C):Both I and II are implicit