Statement and Assumptions Questions Answers Online Quiz Test

• 1. Statement : It is desirable to put the child in school at the of 5 or so.
  Assumptions :
  I. At that age the child reaches appropriate level of development and is ready to learn.
  II. The schools do not admit children after six years of age.

  1. Only assumption I is implicit
  2. Only assumption II is implicit
  3. Either I or II is implicit
  4. Neither I nor II is implicit
  5. Both I and II are implicit

• 2. Statement : We must settle all the payment due to our suppliers within three working days.
  Assumptions :
  I. We will always have necessary funds in our account to settle the bills.
  II. We are capable of verifying and clearing the bills in less than three working days.

  1. Only assumption I is implicit
  2. Only assumption II is implicit
  3. Either I or II is implicit
  4. Neither I nor II is implicit
  5. Both I and II are implicit

• 3. Statement : The chairman and secretary of the housing society have requested society members to use water economically to help society save on water tax.
  
  Assumptions :
  I. Majority of members of society are likely to follow the request.
  II. It is desirable to reduce expenditure wherever possible.

  1. Only assumption I is implicit
  2. Only assumption II is implicit
  3. Either I or II is implicit
  4. Neither I nor II is implicit
  5. Both I and II are implicit

• 4. Statement : Savita made an application to the bank for a loan of Rs 180000 by mortgaging his house to the bank and promised to repay it in 5 years.
  
  Assumptions:
  I. The bank has a practice of granting loans for Rs. 100000 and above.
  II. The bank accepts house as collateral security against such loans.
  

  1. Only assumption I is implicit
  2. Only assumption II is implicit
  3. Either I or II is implicit
  4. Neither I nor II is implicit
  5. Both I and II are implicit

• 5. Statement : "I would like to study the impact of pay revision on job satisfaction of employees." - A tells B
  
  Assumptions :
  I. Job satisfaction can be measured.
  I. A has necessary competence to undertake such study.

  1. Only assumption I is implicit
  2. Only assumption II is implicit
  3. Either I or II is implicit
  4. Neither I nor II is implicit
  5. Both I and II are implicit

• 6. Statement : Double your money in five months - An advertisement.
  
  Assumptions :
  I. The assurance is not genuine.
  II. People want their money to grow.

  1. Only assumption I is implicit
  2. Only assumption II is implicit
  3. Either I or II is implicit
  4. Neither I nor II is implicit
  5. Both I and II are implicit

• 7. Statement : Never before such a lucid book was available on this topic.
  Assumptions :
  I. Some other books were available on this topic.
  II. You can write lucid books on very few topics.

  1. Only assumption I is implicit
  2. Only assumption II is implicit
  3. Either I or II is implicit
  4. Neither I nor II is implicit
  5. Both I and II are implicit