Question
Statement: Due to a sharp increase in fuel prices, the government has decided to reduce excise duty to provide relief to the common people. Assumptions:
Statement: Due to a sharp increase in fuel prices, the government has decided to reduce excise duty to provide relief to the common people. Assumptions:
I. Increase in fuel prices affects the financial burden of common people.
II. The government has enough flexibility in its budget to reduce excise duty.
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