Question
Directions: In each question below is given a statement followed by three Assumptions I, II and III. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumption(s) is/are implicit in the statement.
- Statement:
- The Government has decided to auction construction of highways to private entities in several blocks across the country on a build-operate-transfer basis.
- Which of the following assumption (s) is/are implicit in the above statement?
- Assumptions:
- I. An adequate number of private entities may not respond to the Government's auction notification.
- II. Many private entities in the country are capable of constructing highways within a reasonable time.
- III. The Government's proposal of build-operate-transfer may financially benefit the private entities.
Answer: Option B
Answer: (b)
The decision to auction assumes a response to it.
Hence, Assumption I is not implicit.
Assumption II is implicit as unless the private entities are capable, the decision would make no sense.
Further, without financial benefit, private entities would not turn up for the auction.
Hence, Assumption III is implicit.
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Answer: (b)
The decision to auction assumes a response to it.
Hence, Assumption I is not implicit.
Assumption II is implicit as unless the private entities are capable, the decision would make no sense.
Further, without financial benefit, private entities would not turn up for the auction.
Hence, Assumption III is implicit.
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