General Studies · Statement and Assumptions
In the question below, a statement is followed by two assumptions numbered I and II. Decide which assumption is implicit in the statement. Statement: Recently the government has asked all public sector banks to reduce the interest rates on home loans up to Rs 25 lakh. Assumptions: I. Public sector banks may reduce interest rates on all home loans up to Rs 25 lakh. II. People may take unfair advantage of the government's decision.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1If neither assumption I nor assumption II is implicit
- 2If either assumption I or assumption II is implicit
- 3If only Assumption II is implicit
- 4If only Assumption I is implicit✓
Correct answer
If only Assumption I is implicit
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