Direction: In each question below is given a statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.
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Statement:
The TV industry has requested the government to lower customs duty on colour picture tubes to 10% so that colour TV sales can touch 10 m units in the next fiscal.
Assumptions:
I. Unreasonable protection to the Indian colour picture tubes industry has slowed down growth in the CTV industry.
II. Overprotection encourages predatory pricing policy of domestic manufacturers.
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- if only assumption I is implicit.
- if only assumption II is implicit.
- if either I or II is implicit.
- if neither I nor II is implicit.
- if both I and II are implicit.
- if only assumption I is implicit.
Correct Option: D
if neither I nor II is implicit.
