Examveda

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

Statement : "To make the company commercially viable, there is an urgent need to prune the staff strength and borrow money from the financial institutions." - Opinion of a consultant.

Assumptions :
I. The financial institutions lend money for such proposals.
II. The product of the company has a potential market.
III. The employees of the company are inefficient.

A. None is implicit

B. All are implicit

C. Only I and II are implicit

D. Only II and III are implicit

E. Only I and III are implicit

Answer: Option C

Solution (By Examveda Team)

Since the consultant talks of borrowing money from financial institutions, so I is implicit. That the owners wish to make the company 'commercially viable' makes II implicit. Also, it is mentioned that staff strength is to be reduced to make the company 'commercially viable'. So, III is not implicit.

This Question Belongs to Competitive Reasoning >> Statement And Assumption

Join The Discussion

Related Questions on Statement and Assumption

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

Statement : "You are hereby appointed as a programmer with a probation period of one year and your performance will be reviewed at the end of the period for confirmation." - A line in an appointment letter.

Assumptions :
I. The performance of an individual generally is not known at the time of appointment offer.
II. Generally an individual tries to prove his worth in the probation period.

A. Only assumption I is implicit

B. Only assumption II is implicit

C. Either I or II is implicit

D. Neither I nor II is implicit

E. Both I and II are implicit

View Answer

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

Statement : It is desirable to put the child in school at the age of 5 or so.

Assumptions:
I. At that age the child reaches appropriate level of development and is ready to learn.
II. The schools do not admit children after six years of age.

A. Only assumption I is implicit

B. Only assumption II is implicit

C. Either I or II is implicit

D. Neither I nor II is implicit

E. Both I and II are implicit

View Answer

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

Statement : "In order to bring punctuality in our office, we must provide conveyance allowance to our employees." - In charge of a company tells Personnel Manager.

Assumptions :
I. Conveyance allowance will not help in bringing punctuality.
II. Discipline and reward should always go hand in hand.

A. Only assumption I is implicit

B. Only assumption II is implicit

C. Either I or II is implicit

D. Neither I nor II is implicit

E. Both I and II are implicit

View Answer

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

Statement : Unemployment allowance should be given to all unemployed Indian youth above 18 years of age.

Assumptions :
I. There are unemployed youth in India who needs monetary support.
II. The government has sufficient funds to provide allowance to all unemployed youth.

A. Only assumption I is implicit

B. Only assumption II is implicit

C. Either I or II is implicit

D. Neither I nor II is implicit

E. Both I and II are implicit

View Answer

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

Solution (By Examveda Team)

Join The Discussion

Read More: MCQ Type Questions and Answers