General Studies · Statement and Assumptions
A statement is given followed by two assumptions numbered I and II. You have to assume everything in the statement to be true and decide which of the assumptions is/are implicit. Statement: 'Increase in the tax rates will hurt the pockets of the salaried middle class.' Assumptions: I. Increase in the prices of goods will hurt the poor too. II. The middle class will reduce their extra expenditure to save money.
- 1Only assumption II is implicit
- 2Both assumptions I and II are implicit
- 3Only assumption I is implicit
- 4Neither assumption I nor II is implicit✓
Correct answer
Neither assumption I nor II is implicit
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