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In each question below is given a statement followed by three assumptions numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the statement and the assumptions and decide which of the assumptions is implicit in the statement. Then decide which of the answer
Q. Statement: In view of the recent spurt in sugar prices in the open market, the Government has asked the dealers to release vast quantity of imported sugar in the open market.
Assumptions:
I. The dealers will follow the government directive.
II. The sugar prices will come down.
III. The price of indigenous sugar will remain unchanged.
  • a)
     None is implicit
  • b)
    I and II are implicit
  • c)
    I and III are implicit
  • d)
    All are implicit
  • e)
    II and III are implicit
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
In each question below is given a statement followed by three assumpti...
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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In each question below is given a statement followed by three assumptions numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the statement and the assumptions and decide which of the assumptions is implicit in the statement. Then decide which of the answerQ.Statement:In view of the recent spurt in sugar prices in the open market, the Government has asked the dealers to releasevastquantity of imported sugar in the open market.Assumptions:I. The dealers will follow the government directive.II. The sugar prices will come down.III. The price of indigenous sugar will remain unchanged.a)None is implicitb)I and II are implicitc)I and III are implicitd)All are implicite)II and III are implicitCorrect answer is option 'B'. Can you explain this answer?
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In each question below is given a statement followed by three assumptions numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the statement and the assumptions and decide which of the assumptions is implicit in the statement. Then decide which of the answerQ.Statement:In view of the recent spurt in sugar prices in the open market, the Government has asked the dealers to releasevastquantity of imported sugar in the open market.Assumptions:I. The dealers will follow the government directive.II. The sugar prices will come down.III. The price of indigenous sugar will remain unchanged.a)None is implicitb)I and II are implicitc)I and III are implicitd)All are implicite)II and III are implicitCorrect answer is option 'B'. Can you explain this answer? for LR 2024 is part of LR preparation. The Question and answers have been prepared according to the LR exam syllabus. Information about In each question below is given a statement followed by three assumptions numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the statement and the assumptions and decide which of the assumptions is implicit in the statement. Then decide which of the answerQ.Statement:In view of the recent spurt in sugar prices in the open market, the Government has asked the dealers to releasevastquantity of imported sugar in the open market.Assumptions:I. The dealers will follow the government directive.II. The sugar prices will come down.III. The price of indigenous sugar will remain unchanged.a)None is implicitb)I and II are implicitc)I and III are implicitd)All are implicite)II and III are implicitCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for LR 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In each question below is given a statement followed by three assumptions numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the statement and the assumptions and decide which of the assumptions is implicit in the statement. Then decide which of the answerQ.Statement:In view of the recent spurt in sugar prices in the open market, the Government has asked the dealers to releasevastquantity of imported sugar in the open market.Assumptions:I. The dealers will follow the government directive.II. The sugar prices will come down.III. The price of indigenous sugar will remain unchanged.a)None is implicitb)I and II are implicitc)I and III are implicitd)All are implicite)II and III are implicitCorrect answer is option 'B'. Can you explain this answer?.
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