1.  Statement : "Fly X airways whenever you decide to go places. Our fares are less than train fares". - An advertisement.
Assumptions : 

I. People prefer to travel by air when  the fares are reasonable. 
II. The fares of other airlines are costlier than those of X airways.

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 E

Explanation:

The advertisement highlights the fact that fares of X airways are less than train fares. This implies that people would prefer to travel by air rather than by train if they do not have to pay extra for it. So I is implicit. Besides, this feature also reveals that fares of X airways are lower than those of other airlines. So, II is also implicit.