A statement is given, followed by two assumptions I and
II. You have to consider the statement and two assumptions and decide which of the assumption(s) is/are implicit. Statement: Simon has applied for a loan of Rs. 77000 from his bank to pay for his son's educational expenses. Assumptions:
I. The bank will reject the loan because it has a policy of not awarding loans for education purpose.
II. Simon has failed to arrange for the money from all other sources available to him.