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Logical Reasoning :: Statement and Assumption - Discussion

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Read the given statement and the following assumptions and decide which of the assumptions is implicit in the statement. Choose the CORRECT option.

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.

AOnly assumption I is implicit

BOnly assumption II is implicit

CEither I or II is implicit

DNeither I nor II is implicit

EBoth I and II are implicit

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