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Statement: "This drink can be had either as it is, or after adding ice to it." - An advertisement.
Assumptions:
People differ in their preferences.
Some people will get attracted to the drink as it can be had as it is.

Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Both I and II are implicit
Explanation:

Answer: Option D
Explanation:
The advertisement tells the different ways in which the drink can be had. This means that different people prefer to have it in a different way and that some people would prefer it only because it can be taken in a particular manner. So, both I and II are implicit.
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