Statement and Assumptions Questions for Competitive Exams

Direction: - In each 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.

Given answer

( a ) If only assumption I is implicit.

( b ) If only assumption II is implicit.

( c ) Either I or II is implicit.

( d ) If neither I nor II is implicit.

Statement:

This year most of the shops and departmental stores are offering prizes and discounts on purchases to attract customers.

Assumptions:

I. The shops and departmental stores have so far earned a lot of profit, so now they have started sharing it with the customers.

II. Lots of goods are available but the sale is not shooting up. There is no cheer for the customers.

Statement:

His recent investment in the shares of Company A is only a gamble.

 Assumptions

I. He may incur loss on his investment.

II. He may gain from his investment.

Statement: 

The government has decided to disinvest large chunk of its equity in select public sector undertakings for a better fiscal management.

Assumptions:

I. The amount generated out of the disinvestment process may reduce sub statically the mounting fiscal deficits.

II. There will be enough demand in the market for the shares of these under takings.

Statement:

“Private property, trespassers will be prosecuted” - A notice on a plot of land.

Assumptions:

I. The passerby may read the notice and may not trespass.

II. The people are scared of prosecution

Statement:

Beware of dogs, our dogs do not bark, but they are trained to distinguish between genuine guests and intruders.

Assumptions:

I. Barking dogs bite rarely.

II. Our dogs could be dangerous for intruders.