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In the question below a statement is followed by two assumptions numbered I and II. An assumption is something supposed or taken in for granted. You have to consider the statement and the following assumptions and then decide which of the assumptions is implicit in the statement.
Statement: A fund promises of doubling the investor's money in one year. 
Assumption:
I. People are looking to grow their wealth. 
II. The fund is a scam.
  • a)
    Only assumption I is implicit
  • b)
    Only assumption II is implicit
  • c)
    Both I and II are implicit
  • d)
    None of the two are implicit
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
In the question below a statement is followed by two assumptions numbe...
Only if people are looking to grow their wealth that the fund is in operation. Thus, assumption I is implicit. 
We cannot assume that the fund is a scam on the basis of the promise they made. Thus, assumption II is not implicit. 
Hence, option A is the right answer.
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In the question below a statement is followed by two assumptions numbered I and II. An assumption is something supposed or taken in for granted. You have to consider the statement and the following assumptions and then decide which of the assumptions is implicit in the statement.Statement: A fund promises of doubling the investors money in one year.Assumption:I. People are looking to grow their wealth.II. The fund is a scam.a)Only assumption I is implicitb)Only assumption II is implicitc)Both I and II are implicitd)None of the two are implicitCorrect answer is option 'A'. Can you explain this answer?
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