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Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.
Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.
Assumptions: 1. The financial institutions lend money for such proposals.
2. The product of the company has a potential market.
3. The employees of the company are inefficient.
  • a)
    None is implicit
  • b)
    All are implicit
  • c)
    Only I and II are implicit
  • d)
    Only II and III are implicit
  • e)
    Only I and III are implicit
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Directions: In each question below is given a statement followed by th...
Since the consultant talks of borrowing money from financial institutions, so I is implicit. That the owners wish to make the company 'commercially viable' makes II implicit. Also, it is mentioned that staff strength is to be reduced to make the company 'commercially viable'. So, III is not implicit.
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Directions: In each question below is given a statement followed by th...
The company has decided to increase the price of its products by 10%.Assumptions:
I. The company is facing financial difficulties.
II. The customers are willing to pay the increased price.
III. The competitors have also increased the price of their products.

The correct implicit assumption in this statement is II. The customers are willing to pay the increased price.

Explanation: The company's decision to increase the price of its products by 10% suggests that they believe the customers are willing to pay the higher price. If the customers were not willing to pay the increased price, the company would not make such a decision. Therefore, assumption II is implicit in the statement. Assumptions I and III are not necessarily implied by the statement. The company's decision to increase the price does not necessarily indicate financial difficulties (assumption I) or that the competitors have also increased their prices (assumption III).
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Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer?
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Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.Statement: "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.Assumptions: 1. The financial institutions lend money for such proposals.2. The product of the company has a potential market.3. The employees of the company are inefficient.a)None is implicitb)All are implicitc)Only I and II are implicitd)Only II and III are implicite)Only I and III are implicitCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
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