Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :
Statement : No regular funds have been provided for welfare activities in this year's budget of the factory.
Assumptions :
I. The factory does not desire to carry out welfare this year.
II. Budgetary provision is necessary for carrying put welfare activities.
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
Answer: Option E

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