New All India SEBI Grade A Scholarship Test on June 11, 2023
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Question

In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.

Statement: Automobile majors began the new fiscal on a strong note, posting high double-digit growth in their domestic passenger vehicle sales.

I . The companies with new launches did particularly well.

II. The production capacity has been increased by the automobile manufacturers.

A if only I implicit. Correct Answer Incorrect Answer
B if only II implicit. Correct Answer Incorrect Answer
C if either I or II implicit. Correct Answer Incorrect Answer
D if neither I nor II implicit. Correct Answer Incorrect Answer

Solution

Statement says that the new fiscal year was begun by big Automobile companies with posting of high growth in domestic vehicle sale. Nothing has been said about the new launches in the statement, so I is not implicit. Also, nothing has been said in the statement about the increase or decrease in the production capacity. Thus, II also isn’t implicit.

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