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: Market trends are changing continuously and with increasing competitiveness, the consumer's demands with respect to the prices and quality are gradually increasing.
Assumptions:
I. Consumers did not care for the prices and quality earlier.
II. Market competitiveness is not favorable for consumers.
1
If only Assumption I is implicit.
2
If only Assumption II is implicit.
3
If either Assumption I or II is implicit.
4
If neither Assumption I nor II is implicit.