| 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 substantially the mounting fiscal deficits. |
| II. There will be enough demand in the market for the shares of these undertakings. |
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
E) both I and II are implicit
Correct Answer: A
Solution :
Explanation Option [a] is correct. The fact given in I directly follows from the phrase? ??. for a better fiscal management? in the statement. So, I is implicit. However, the public response to the new policy cannot be ascertained. So, II is not implicit.
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