Directions: In the question given below, there is 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 assumptions and then decide which of the assumption(s) is/are implicit in the statement. You have to consider the statements to be true even if they seem to be at variance from commonly known facts.

Statement: The management of the passenger car manufacturing company has decided to reduce its workforce in view of the sluggish demand in the market.

Assumption:

 I. The demand for cars manufactured by the company may continue to be lower in the near future.

II. The company may be able to run its operation with a reduced workforce.