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Statement: The State Government has unilaterally increased by five percent octroi on all commodities entering into the state without seeking approval of the Central Government.
Assumptions:
The State Government may be able to implement its decision.
The Central Government may agree to support the State Governments decision.
The State Government may be able to earn considerable amount through the additional octroi.

None is implicit
Only I and II are implicit
All are implicit
Only II and III are implicit
Explanation:

Answer: Option C
Explanation:
Since the State Government has increased the octroi, so I is implicit. Since the decision has been taken without the approval of the Central Government, it implies that Central Government would not confront the new policy. So, II is implicit. Since octroi is collected by the state on all commodities entering the state, so III is also implicit.
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