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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:
The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.
Assumptions:
I: Currencies of large denominations make the process of storing black money easier.
II: Currencies are the only form in which black money is stashed illegally by people.
II: Currencies are the only form in which black money is stashed illegally by people.
- 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?
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Verified Answer
In the question below a statement is followed by two assumptions numbe...
The Government declared currencies of large denominations invalid under the assumption that it makes the process of storing black money easier. Therefore, assumption I is implicit.
The fact that the government has put a cap on the amount of gold that can be stored implies that the government recognizes the fact that black money can be stored in forms other than currencies too. Therefore, assumption II is not implicit. Only assumption I is implicit and hence, option A is the right answer.
Most Upvoted Answer
In the question below a statement is followed by two assumptions numbe...
I. The government believes that large denomination currency notes are often used for illegal activities.
II. The government believes that storing excessive amounts of gold contributes to the generation of black money.
Both assumptions I and II are implicit in the statement. The government's decision to make large denomination currency notes invalid suggests that they believe such notes are commonly used in illegal activities, including the generation of black money. Additionally, the introduction of a maximum cap on gold storage indicates that the government believes storing excessive amounts of gold can also contribute to the generation of black money.
II. The government believes that storing excessive amounts of gold contributes to the generation of black money.
Both assumptions I and II are implicit in the statement. The government's decision to make large denomination currency notes invalid suggests that they believe such notes are commonly used in illegal activities, including the generation of black money. Additionally, the introduction of a maximum cap on gold storage indicates that the government believes storing excessive amounts of gold can also contribute to the generation of black money.
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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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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?
Question Description
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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about 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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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?.
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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about 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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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?.
Solutions for 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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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? in English & in Hindi are available as part of our courses for Railways.
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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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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?, a detailed solution for 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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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? has been provided alongside types of 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:The Government of a nation has recently announced that currency notes of large denominations will be invalid in an effort to curtail black money. Also, it has introduced a maximum cap on the amount of gold that one can store in one’s house.Assumptions:I: Currencies of large denominations make the process of storing black money easier.II: Currencies are the only form in which black money is stashed illegally by people.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? theory, EduRev gives you an
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