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Money Supply

Statement: "B...

Question

Statement: "Banking services are fine tuned to meet growing business needs," - An advertisement.
Assumptions:
I. Banking is a part of business activity
II. Industrialists prefer better banking services.

A

Only assumption I is implicit

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B

Only assumption II is implicit

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C

Either I or II is implicit

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D

Neither I nor II is implicit

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E

Both I and II are implicit

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Solution

The correct option is D Both I and II are implicit
According to the statement, banking is associated with business activity. So, I is implicit. Banking is adjusted in a way to promote business needs. This means that business is promoted by better banking. So, II is also implicit.

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