Question

Flipkart’s announcement that SoftBank Vision Fund, a private equity fund backed by Japanese billionaire Masayoshi Son, would take a stake in the company has energized India’s e-commerce space.
I. Investments by big names thrill the industry.
II. Only private equity funds can take stakes in Flipkart.

Q: Answer-Flipkart&rsquo;s announcement that SoftBank Vision Fund, a private equity fund backed by Japane...

Since the announcement has energized Indias e-commerce space, Thus, I is implicit. Nothing about non private equity funds not being able to hold stake in Flipkart has been mentioned, II is not implicit.

In each question below is given a statement followed by two assumptions numbered I and
II. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement. Give answe

A If only assumption I is implicit

B If only assumption II is implicit

C If either I or II is implicit

D If neither I nor II is implicit

E If both I and II are implicit.

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