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Examveda

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

Statement : Let us increase the taxes to cover the deficit.

Assumptions :
I. The present taxes are very low.
II. Deficit in a budget is not desirable.
III. If the taxes are not increased, the deficit cannot be met.

A. Only I and II are implicit

B. Only II and III are implicit

C. Only I and III are implicit

D. All are implicit

E. None of these

Answer: Option B

Solution(By Examveda Team)

Clearly, the statement shows that the present taxes are not sufficient to meet the deficit but they may still be high. So, I is not implicit. Since the statement talks of covering the deficit, so II is implicit. Also, the taxes are increased to meet the deficit. So, III is also implicit.

This Question Belongs to Competitive Reasoning >> Statement And Assumption

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