question_answer

A statement followed by four assumptions numbered I, II, III and IV are given. 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, then decide which of the answers [a], [b], [c] or [d] is correct.

Statement The companies that showed relatively high import orientation in India were not the ones that benefited the most from Government interventions during the heydays of import substitution.

Assumptions

I. High import companies do not need Government support.

II. Low import companies received more Government support.

III. Import oriented companies are affected by Government prices.

IV. Exporting of goods get affected by Government.

A) Only I              

B) Only III

C) Both II and IV   

D) All four