1.  Statement : Everybody loves reading adventure stories.
Assumptions : 

I. Adventure stories are the only reading material.
II. Nobody loves reading any other material.
III. All are literate.
A. None is implicit
B. Only I and II are implicit
C. All are implicit
D. Only II and III are implicit
E. None of these

Answer: Option A

Explanation:

The statement mentions that adventure stories are liked by everybody. This does mean that there is no other reading material or nobody loves reading any other material. So, neither I nor II is implicit. Besides, 'everybody' i the statement stands for 'all literal people' and not for 'all people'. So, III is also not implicit.