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.

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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