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Statement : The Government has decided to levy 2 percent on the tax amount payable for funding drought relief programmes. Assumption : I. The Government does not have sufficient money to fund drought relief programmes II. The amount collected by way or surcharge may be adequate to fund these drought relief programmes. . |
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Answer: Option E Explanation: Since a surcharge has been levied to fund drought relief programmes. it follows that the Government does not have sufficient money for the same. So, I is implicit. Besides, the percentage of surcharge must have been decided after studying the expected inflow in relation to amount of funds required, So, II is also implicit. |
In each question below is given a statement followed by two assumptions numbered I and II. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.
Give answer
(A) If only assumption I is implicit
(B) If only assumption II is implicit
(C) If either I or II is implicit
(D) If neither I nor II is implicit
(E) If both I and II are implicit.
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