Reasoning - Statement and Assumption - Discussion

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Q.

Statement: Shalini made an application to the bank for a loan of Rs. 1,80,000 by mortgaging her house to the bank and promised to repay it within five years.
Assumptions:
I.The bank has a practice of granting loans for Rs. 1,00,000 and above.
II.The bank accepts house as collateral security against such loans.
                        
A. Only assumption I is implicit B. Only assumption II is implicit
C. Either I or II is implicit D. Neither I nor II is implicit

Answer: Option E
Explaination:

 


The fact that Shalini has applied for a loan of Rs. 1,80,000 implies that the bank can grant a loan above Rs. 1,00,000. So, I is implicit. II also follows directly from the statement and so is implicit.




Discussion

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