Statements : In view of the recent spurt in sugar prices in the open market the government has asked the dealers to release a vast quantity of imported sugar in the open market.

Assumptions : I. The dealers will follow the government directive.
II. The sugar prices will come down.
III. The price of indigenous sugar will remain unchanged.

None is implicit

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Only I and II are implicit

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Only I and III are implicit

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All are implicit

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Only II and III are implicit

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Solution

The correct option is B Only I and II are implicit
In view of the recent spurt in sugar prices in the open market the government has asked the dealers to release a vast quantity of imported sugar in the open market.
From this, Government want to increase supply and control rates.
The dealers will follow the government directive and The sugar prices will come down are inferred from the statements
Hence, Option B is correct.

Suggest Corrections

Similar questions

I: The Government has imported large quantities of sugar as per trade agreement with other countries.

II: The prices of sugar in the domestic market have fallen sharply in the recent months.

Q. Statements:
I. The Government has imported large quantities of sugar as per trade agreement with other countries.
II. The prices of sugar in the domestic market have fallen sharply in the recent months.

Statement: "The Government will review the present policy of the diesel price in view of further spurt in the international oil prices".

Conclusions:
I. The Government will increase the price of the diesel after the imminent spurt in the international oil prices.
II. The Government will not increase the price of the diesel even after the imminent spurt in the international oil prices.

Statements: "The Government will review the present policy of the diesel price in view of further spurt in the international oil prices". - A spokesman of the Government.

Conclusions:

I. The Government will increase the price of the diesel after the imminent spurt in the international oil prices.

II. The Government will not increase the price of the diesel even after the imminent spurt in the international oil prices.

Q. In each question below is given statement followed by two assumption numbered I and II . An assumption is something supposed or taken for granted . You have to consider the statement and the following assumption and decide which of the assumption is implicit in the statement mark answer:
Statement : As poor people in India prefer and use jiggery rather than sugar, the government has decided to decontrol and scrap sugar distribution through Public Distribution System (PDS).
Argument I: Jaggery is freely available at reasonable price to all poor people
Assumption II: PDS has lost its utility.

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