Discussion :: Statement and Assumption
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Statement: The regulatory authority has set up a review committee to find out the reasons for unstable stock prices.
Assumptions:
- The investors may regain confidence in stock market by this decision.
- The review committee has the expertise to find out the causes for volatility in the stock market.
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A.
Only assumption I is implicit
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B.
Only assumption II is implicit
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C.
Either I or II is implicit
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D.
Neither I nor II is implicit
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E.
Both I and II are implicit
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Answer : Option E
Explanation :
Clearly, I mentions the aim for which the step talked about in the statement, has been undertaken while II mentions the essential requirement for it. So, both I and II are implicit.
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