CAT Exam  >  CAT Questions  >   Directions: In each question below a stateme... Start Learning for Free
Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.
Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.
Assumptions
I. Some other banks also provide education loan.
II. Interest rates charged on education loan are different for different bank..
  • a)
    If only assumption I is implicit
  • b)
    If only assumption II is implicit
  • c)
    If either assumption I or assumption II is implicit
  • d)
    If both assumptions I and II are implicit
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Directions: In each question below a statement is given followed by t...
Understanding the Statement
The statement presents an advertisement by bank X, claiming that their interest rates for education loans are lower than those of any other bank.
Analyzing the Assumptions
To determine whether the assumptions are implicit, let’s analyze both assumptions:
Assumption I: Some other banks also provide education loans.
- This assumption is necessary for the statement to hold true.
- If no other banks offer education loans, then claiming that bank X's rates are lower than "any other bank" becomes meaningless.
- Therefore, this assumption is clearly implicit in the statement.
Assumption II: Interest rates charged on education loans are different for different banks.
- This assumption is also essential because the statement compares bank X's rates with those of other banks.
- If all banks had the same interest rates for education loans, there would be no basis for claiming that bank X's rates are lower.
- Hence, this assumption is likewise implicit in the statement.
Conclusion
Both assumptions are necessary for the statement to be valid and meaningful.
- Assumption I confirms the existence of other banks providing education loans.
- Assumption II supports the idea that there is a variance in interest rates among banks.
Thus, the correct answer is that both assumptions I and II are implicit in the statement.
Correct Answer: Option D
Free Test
Community Answer
Directions: In each question below a statement is given followed by t...
According to the bank X, interest rate is comparing to others, means some other banks are also providing education loans. Also, interest rates varies bank to bank. So, both assumptions are implicit.
Explore Courses for CAT exam

Similar CAT Doubts

Question Description
Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.AssumptionsI. Some other banks also provide education loan.II. Interest rates charged on education loan are different for different bank..a)If only assumption I is implicitb)If only assumption II is implicitc)If either assumption I or assumption II is implicitd)If both assumptions I and II are implicitCorrect answer is option 'D'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.AssumptionsI. Some other banks also provide education loan.II. Interest rates charged on education loan are different for different bank..a)If only assumption I is implicitb)If only assumption II is implicitc)If either assumption I or assumption II is implicitd)If both assumptions I and II are implicitCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.AssumptionsI. Some other banks also provide education loan.II. Interest rates charged on education loan are different for different bank..a)If only assumption I is implicitb)If only assumption II is implicitc)If either assumption I or assumption II is implicitd)If both assumptions I and II are implicitCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.AssumptionsI. Some other banks also provide education loan.II. Interest rates charged on education loan are different for different bank..a)If only assumption I is implicitb)If only assumption II is implicitc)If either assumption I or assumption II is implicitd)If both assumptions I and II are implicitCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.AssumptionsI. Some other banks also provide education loan.II. Interest rates charged on education loan are different for different bank..a)If only assumption I is implicitb)If only assumption II is implicitc)If either assumption I or assumption II is implicitd)If both assumptions I and II are implicitCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.AssumptionsI. Some other banks also provide education loan.II. Interest rates charged on education loan are different for different bank..a)If only assumption I is implicitb)If only assumption II is implicitc)If either assumption I or assumption II is implicitd)If both assumptions I and II are implicitCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.AssumptionsI. Some other banks also provide education loan.II. Interest rates charged on education loan are different for different bank..a)If only assumption I is implicitb)If only assumption II is implicitc)If either assumption I or assumption II is implicitd)If both assumptions I and II are implicitCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.AssumptionsI. Some other banks also provide education loan.II. Interest rates charged on education loan are different for different bank..a)If only assumption I is implicitb)If only assumption II is implicitc)If either assumption I or assumption II is implicitd)If both assumptions I and II are implicitCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Statement: An advertisement by bank X-'Our interest rates for education loan are lower than any other bank'.AssumptionsI. Some other banks also provide education loan.II. Interest rates charged on education loan are different for different bank..a)If only assumption I is implicitb)If only assumption II is implicitc)If either assumption I or assumption II is implicitd)If both assumptions I and II are implicitCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice CAT tests.
Explore Courses for CAT exam
Signup to solve all Doubts
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev