Direction: In each question given below, first there is a statement and then below it there are two assumptions which are numbered I and II. An assumption is something which is either assumed or taken for granted. You have to decide which assumption is implicit in the statement after considering the given statement and the assumptions given below it. please answer
Statement: Recently the government has asked all public sector banks to reduce the interest rates on home loans up to Rs 25 lakh.
Assumptions
(I) Public sector banks may reduce interest rates on all home loans up to Rs 25 lakh.
(II) People may take unfair advantage of the government's decision.
1
If only the Assumptions 'I' is implicit.
2
If only the Assumptions 'II' is implicit.
3
If either assumption I or assumption II is implicit.
4
If neither assumption I nor assumption II is implicit.