Question:

In the question below is given a statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.
Statement: Stock Holding Corporation of India Ltd (SHCIL) will offer its services through the internet in the next two months while its stock lending scheme is expected to take off in the immediate future.
Assumptions:
I. The said services via the internet are at a developmental stage.
II. The move will not benefit the stock brokers.

Updated On: Oct 9, 2024
  • only assumption I is implicit.
  • only assumption II is implicit.
  • either assumption I or II is implicit.
  • neither assumption I nor II is implicit.
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The Correct Option is A

Solution and Explanation

The correct option is (A):only assumption I is implicit.
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