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Statement: Believe me, I have read it in newspaper X.
Assumptions:
Newspaper X gives reliable information/news.
I am reporting exactly as it is given in newspaper X.

Only assumption I is implicit
Only assumption II is implicit
Either I or II is implicit
Neither I nor II is implicit
Explanation:

Answer: Option B
Explanation:
The narrator in the statement clearly insists on the reliability of the fact that what he said, he had read it in newspaper X, and not on the truth of what he said. So, only II is implicit
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