In each question below is given a statement followed by three assumptions…

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In each question below is given a statement followed by three assumptions numbered I, II and III. You have to consider the statement and the following assumptions, decide which of the assumptions is implicit in the statement and choose your answer accordingly.

Statement: The Reserve Bank of India has directed the banks to refuse fresh loans to major defaulters.

Assumptions:

i. The banks may still give loans to the defaulters.

ii. The defaulters may repay the earlier loan to get fresh loan.

iii. The banks may recover the bad loans through such harsh measures.

  1. A.

    None is implicit

  2. B.

    Only I and II are implicit

  3. C.

    All are implicit

  4. D.

    Only II and III are implicit

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