Question

    In the information given below consists of a question and a statement with two assumptions. You have to decide which of the assumptions implicits on the basis of statement provided.

    STATEMENT : Repo Rate increased to decrease liquidity in the market.

    ASSUMPTIONS: I The present rates are very low.

    II If rates are not increased liquidity cannot be decreased

    A If only assumption I is implicit Correct Answer Incorrect Answer
    B If only assumption II is implicit Correct Answer Incorrect Answer
    C If either I or II is implicit Correct Answer Incorrect Answer
    D If both I and II are implicit Correct Answer Incorrect Answer
    E If neither I nor II are implicit Correct Answer Incorrect Answer

    Solution

    Answer: Option 2

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