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Statement: "We must introduce objective type tests to improve our examinations for admission to MBA." - The Chairman of the Admission Committee tells the Committee.
Assumptions:
The admission at present is directly through the interview.
The Admission Committee is desirous of improving the admission examinations.
The Chairman himself is an MBA.

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

Answer: Option B
Explanation:
Nothing about the present method of admission or the qualification of the Chairman is mentioned in the statement. So, neither I nor III is implicit. Assumption II directly follows from the statement. So, II is implicit
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