CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
10
You visited us 10 times! Enjoying our articles? Unlock Full Access!
Byju's Answer
Standard XII
Economics
Value Added Method
Statement: Th...
Question

Statement: The X-Airlines has decided to increase the passenger fare by 15 percent with immediate effect.
Assumptions:
I. The demand for seats of X-Airlines may remain unchanged even after the hike of fare.
II. Other airline companies may also hike the passenger fares.

A
Only assumption I is implicit
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Only assumption II is implicit
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Either I or II is implicit
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Neither I nor II is implicit
No worries! We‘ve got your back. Try BYJU‘S free classes today!
E
Both I and II are implicit
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Only assumption I is implicit
Clearly, such decisions are taken only after making sure that it will not affect the company's business adversely. So, I is implicit. However, the impact of this increase on other airlines cannot be ascertained. So, II is not implicit.

flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
Q. In each question below is given a statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which which of the assumption(s) is/are implicit in the statement

Statement
The X- airlines has decided to increase the passenger fare by 15% with immediate effect.

Assumptions
I. The demand for seats of X-airlines may remain unchanged even after the hike of the fare.
II. Other airline companies may also hike the passenger fares.
Q.

(I) All domestic airlines increased the fares in all sectors with immediate effect.

(II) Railways increased the fare of all its classes with immediate effect.


Q.

(I).The price of aircraft fuel has risen during the past few months

(II). Many passengers airlines in India have been forced to cut their air fares by about 10%.


Q. Q. Statements: “It is alarming to note that only 48 to 50 percent of the voters in State „X‟. The government must make it mandatory for all to exercise their franchise in order to make the democracy more meaningful.” – View of a voter

Assumption:
(I) Increase in the participation of voters will ensure increase in the rationality of the democratic set – up.
(II) Making it “mandatory for all to exercise their franchise” may increase the number of voters.
Q. In each question below is given a statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which which of the assumption(s) is/are implicit in the statement

Statement
The Government has decided to hold the employers responsible for deducting tax at source for all its employees.

Assumptions
I. The employee may still not arrange to deduct tax at source for its employees.
II. The employees may not allow the employers to deduct tax at source.
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Value Added Method
ECONOMICS
Watch in App
explore_more_icon
Explore more
Value Added Method
Standard XII Economics
Join BYJU'S Learning Program
book_image
Solve
book_image
Textbooks
book_image
Question Papers
book_image
Install app
CrossIcon