Direction: In each question below is given a statement followed by two assumptions numbered I and II. You have to consider the statement and the following assumptions and decide which of the given assumptions is implicit in the statement.
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Statement:
His recent investment in the shares of Company A is only a gamble.
Assumptions:
I. He may incur loss on his investment
II. He may gain from his investment.
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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.
Correct Option: C
The use of the world 'gamble' indicates that he may either gain or lose in the deal.