Statement: The regulatory authority has set up a review committee to find out the reasons for unstable stock prices. Assumptions: 1 The investors may regain confidence in stock market by this decision. 2 The review committee has the expertise to fi

Statement: The regulatory authority has set up a review committee to find out the reasons for unstable stock prices.

Assumptions:

The investors may regain confidence in stock market by this decision.
The review committee has the expertise to find out the causes for volatility in the stock market.

[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 E

Explanation:

Clearly, I mentions the aim for which the step talked about in the statement, has been undertaken while II mentions the essential requirement for it. So, both I and II are implicit.

Logical Reasoning :: Statement and Assumption : More Exercises

Statement and Assumption - Section 1

Statement: The regulatory authority has set up a review committee to find out the reasons for unstable stock prices. Assumptions: 1 The investors may regain confidence in stock market by this decision. 2 The review committee has the expertise to fi

Logical Reasoning :: Statement and Assumption : More Exercises

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