Question
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.Solution
Assumption I is not implicit since we have no idea how the bank will respond. Assumption Il is not implicit because we do not know whether Simon has approached other people for this loan. Hence, the correct answer is (D).
Where will the ‘Niveshak Shivir’ organized by IEPFA and SEBI be held in Jaipur?
Consider the following statements in regards to the Economic Survey of India 2022-23, chapter 8, Agriculture and Food Management:
Which of the following universities has received the title of ‘The Academics in Sights 2021’ ?
What was the value of content monetisation proposals generated at IndiaJoy B2B 2025?
What rank has India gained in terms of employee well-being survey conducted by the McKinsey Health Institute?
Rights of Persons with Disabilities Act, which replaced the Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation)...
Consider the following statement about Pradhan Mantri MUDRA Yojana.
I. It was launched by the government in 2015.
II. It was launched for ...
The 54th GST Council meeting proposed exempting which of the following from GST?
Which Indian state recently launched the 'Ladki Bahin Yojana'?
Recently Securities and Exchanges Board of India (SEBI) makes OTP validation a must for mutual fund investments from which Financial year?