Exercise: Statement And Assumption

Questions for: Statement And Assumption

Statement: The regulatory authority has set up a review committee to find out the reasons for unstable stock prices.

Assumptions:

  1. The investors may regain confidence in stock market by this decision.
  2. The review committee has the expertise to find out the causes for volatility in the stock market.

A:
Only assumption I is implicit
B:
Only assumption II is implicit
C:
Either I or II is implicit
D:
Neither I nor II is implicit
Answer: E
Clearly, I mentions the aim for which the step talked about in the statement, has been undertaken while II mentions the essential requirement for it. So, both I and II are implicit.
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Statement: Greater public participation results in good civic governance. - Statement of Municipal Commissioner of City A.

Assumptions:

  1. The municipal office is not competent to effect good civic administration.
  2. Good civic governance is a matter of collective will and effort of the people and administration.

A:
Only assumption I is implicit
B:
Only assumption II is implicit
C:
Either I or II is implicit
D:
Neither I nor II is implicit
Answer: B
The statement stresses on the fact that though civic governance is the task of the municipal body, but all the tasks done come out to be more fruitful if the general public lends a helping hand in the same. So, only II is implicit.
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Statement: Safety and health practices in many Indian companies are well below the international standards.

Assumptions:

  1. International standards of health and safety are ideal and unrealistic.
  2. Indian organizations do not consider safety and health management as their prime social responsibility.

A:
Only assumption I is implicit
B:
Only assumption II is implicit
C:
Either I or II is implicit
D:
Neither I nor II is implicit
Answer: B
The statement talks about the safety and health practices in Indian companies being far below international standards. It is clearly a criticism of Indian organizations not paying considerable attention to these aspects. So, II is implicit. The international standards demand perfection and are, in no way, non-achievable. So, I is not implicit.
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Statement: Because of the large number of potholes in road X, reaching airport in time has become difficult.

Assumptions:

  1. Reaching airport in time may not be always necessary.
  2. There is no other convenient road to the airport.

A:
Only assumption I is implicit
B:
Only assumption II is implicit
C:
Either I or II is implicit
D:
Neither I nor II is implicit
Answer: B
The statement presents the issue of 'not reaching airport in time' as a problem. This means that reaching airport in time is necessary. So, I is not implicit. Besides, it is mentioned that reaching airport in time has become difficult due to large number of potholes in road X. This implies that road X is the only possible way. So, II is implicit.
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Statement: Beware of dogs, our dogs do not bark, but they are trained to distinguish between genuine guests and intruders.

Assumptions:

  1. Barking dogs bite rarely.
  2. Our dogs could be dangerous for intruders.

A:
Only assumption I is implicit
B:
Only assumption II is implicit
C:
Either I or II is implicit
D:
Neither I nor II is implicit
Answer: B
The statement clearly warns the visitors to beware of dogs as they are trained to welcome the guests and intruders differently. So, II is implicit. I is vague and hence, it is not implicit.
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