Question

In the information given below consists of a question and a statement with two assumptions. You have to decide which of the assumptions implicits on the basis of statement provided.

STATEMENT : Repo Rate increased to decrease liquidity in the market.

ASSUMPTIONS: I The present rates are very low.

II If rates are not increased liquidity cannot be decreased

A If only assumption I is implicit Correct Answer Incorrect Answer
B If only assumption II is implicit Correct Answer Incorrect Answer
C If either I or II is implicit Correct Answer Incorrect Answer
D If both I and II are implicit Correct Answer Incorrect Answer
E If neither I nor II are implicit Correct Answer Incorrect Answer

Solution

Answer: Option 2

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