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Statement: "We have the distinction of being the only company in India as well as the second in the world to have won an ISO 9002 certification in our line of business." - Statement of Company Xs Chairman.
Assumptions:
There were not many companies in the line of business of Company X.
Getting ISO 9002 in the line of business of Company X is not easy.
The Company X desires to expand its business.

Only I is implicit
Only II is implicit
Only III is implicit
Only II and III are implicit
Explanation:

Answer: Option D
Explanation:
The statement mentions that there are only two companies in this line of business which are ISO 9002 certified. But nothing about the total number of companies in this line can be deduced. So, I is not implicit. Also, had it been easy to get ISO 9002 certification, there would have been a large number of ISO 9002 companies. So, II is implicit. Also, the company must have reached up to such high international standards to make its mark in its line of business. So, III is also implicit.
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