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Paying off the Debts (Dissolution)

Statement: Th...

Question

Statement: The government is making efforts to boost tourism in State X.
Assumptions:
I. Tourism in State X dropped following political unrest.
II. Special discounts in the air fare have been announced.

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 Neither I nor II is implicit
Efforts are being made to boost tourism does not mean that tourism has dropped. So, I is not implicit. Also, the statement mentions nothing about discounts in air fare. So, II is also not implicit.

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Paying off the Debts (Dissolution)

Standard XII Accountancy

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