Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :
Statement : The cost of living has gone up in India.
Assumptions :
I. The price of essential commodities has gone up in recent times.
II. Many luxury goods are available in plenty in the country.
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
Solution(By Examveda Team)
The cost of living is directly associated with the prices of essential commodities. So, I is implicit. II denotes an essential consequence of rise in cost of living. So, II is also implicit.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
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
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
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
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