Statement: The government has decided to disinvest large chunk of its equity in select public sector undertakings for a better fiscal management. Assumptions: 1 The amount generated out of the disinvestment process may reduce substantially the mount

Statement: The government has decided to disinvest large chunk of its equity in select public sector undertakings for a better fiscal management.

Assumptions:

The amount generated out of the disinvestment process may reduce substantially the mounting fiscal deficits.
There will be enough demand in the market for the shares of these undertakings.

[A].	Only assumption I is implicit
[B].	Only assumption II is implicit
[C].	Either I or II is implicit
[D].	Neither I nor II is implicit
[E].	Both I and II are implicit

Answer: Option A

Explanation:

The fact given in I directly follows from the phrase '..... for a better fiscal management' in the statement. So, I is implicit. However, the public response to the new policy cannot be ascertained. So, II is not implicit.

Logical Reasoning :: Statement and Assumption : More Exercises

Statement and Assumption - Section 1

Statement: The government has decided to disinvest large chunk of its equity in select public sector undertakings for a better fiscal management. Assumptions: 1 The amount generated out of the disinvestment process may reduce substantially the mount

Logical Reasoning :: Statement and Assumption : More Exercises

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