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Statement : The Union Government has decided to withdraw existing tax relief on various small saving schemes in a phased manner to augment its tax collection. Assumptions : I.People may still continue to keep money in small saving schemes and also pay taxes. II. The total tax collection may increase substantially. |
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Answer: Option E Explanation: The statement mentions that withdrawing tax relief on small saving schemes would help increase tax collection. This implies that the government would then earn tax an incomes derived from small saving schemes. So, I is implicit. Besides, II follows directly from the statement and so,it 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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