1.  Statement : The head of the organization congratulated the entire staff in his speech for their sincere effort to bring down the deficit and urged them to give their best for attaining a more profitable position in future.
Assumptions : 

I. The employees may get motivated and maintain and if possible  enhance their present level of work.
II. The employees now relax and slow down in their day to day work as there is no immediate threat of huge deficit.
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

Answer: Option A

Explanation:

The appreciation received from the head of the organization would surely motivate the employees to keep up their spirits and strive hard for the progress of the organization. So, only I is implicit.