Question

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 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.

A If only assumption I is implicit

B If only assumption II is implicit

C If either I or II is implicit

D If both I and II are implicit

E If neither I nor II are implicit

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STATEMENT : Repo Rate increased to decrease

Solution