Direction: In each question below is given is a statement followed by three Assumptions I, II and III. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumption(s) is/are implicit in the statement.
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Statement
The Government has decide to auction construction of highways to private entities in several blocks across the country on built-operate-transfer basis.
Which of the following assumption(s) is/are implicit in the above statement?
I. An adequate number of private entities may not respond to the Government's auction notification.
II. Many private entities in the country are capable of construction highways within a reasonable time.
III. The Government's proposal of build-operate-transfer may financially benefit the private entities.
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- I and II are implicit
- II and III are implicit
- Only II is impicit
- I and III are implicit
- None of the above
Correct Option: B
The decision to auction assumes response to it. Hence, Assumption I is not implicit. Assumption II is implicit as unless the private entities are capable, the decision would makes not sense. Further, without financial benefit, private entities would not turn up for the auction. Hence, Assumption III is implicit.
