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Discussion :: Statement and Assumption

  1. Statement: In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market.

    Assumptions:

    1. The dealers will follow the government directive.
    2. The sugar prices will come down.
    3. The price of indigenous sugar will remain unchanged.

  2. A.
    Only I and II are implicit
    B.
    Only II and III are implicit
    C.
    Only I and III are implicit
    D.
    None is implicit
    E.
    All are implicit

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    Answer : Option A

    Explanation :

    The government's decision is clearly a measure to increase supply and control rates. So, both I and II are implicit, while III is not.


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