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Statement and Assumption
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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.

Answer & Solution
Correct Answer: Option E
The non-provision of funds for welfare activities in the budget clearly indicates the factory's intention to not carry out such activities in the current year. So, I is implicit. Also, welfare activities cannot be carried out in organisations without the allocation of funds for the same in the budget. So, II is also implicit.
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