Directions In each of the following questions a statement is given...

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Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market.

Assumptions :
I. The dealers will follow the government directive.
II. The sugar prices will come down.
III. The price of indigenous sugar will remain unchanged.

A. Only I and II are implicit

B. Only II and III are implicit

C. Only I and III are implicit

D. None is implicit

E. All are implicit

Answer: Option A

Solution(By Examveda Team)

The government's decision is clearly a measure to increase supply and control rates. So, both I and II are implicit, while III is not.

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