Statement: In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market.
Assumptions:
The dealers will follow the government directive.
The sugar prices will come down.
The price of indigenous sugar will remain unchanged.
Only I and II are implicit
Only II and III are implicit
Only I and III are implicit
None is implicit
Explanation:
Answer: Option A
Explanation:
The governments decision is clearly a measure to increase supply and control rates. So, both I and II are implicit, while III is not.
Answer: Option A
Explanation:
The governments decision is clearly a measure to increase supply and control rates. So, both I and II are implicit, while III is not.