Question Detail

In each question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.
Give Answer:
(A) If only assumption I is implicit
(B) If only assumption II is implicit
(C) If either I or II is implicit
(D) If neither I nor II is implicit
(E) If both I and II are implicit.

Statement : The railway authorities have decided to increase the freight charges by 10% in view of the possibility of incurring losses in the current financial year.

Assumptions :
I. The volume of freight during the remaining period may remain same.
II. The amount so obtained may set off a part or total of the estimated deficit.

• Only assumption I is implicit
• Only assumption II is implicit
• Either I or II is implicit
• Neither I nor II is implicit
• Both I and II are implicit