Join ExamsbookAnswer : 1. "If only assumption I is Implicit"
Banks should always check financial status before lending money to a client.
Assumptions :
I. Checking before lending would give a true picture of the client's financial status.
II. Clients some times may not present the correct picture of their ability to repay loan amount to the bank.5
Q: Banks should always check financial status before lending money to a client. Assumptions : I. Checking before lending would give a true picture of the client's financial status. II. Clients some times may not present the correct picture of their ability to repay loan amount to the bank.
- 1If only assumption I is Implicittrue
- 2If only assumption II is Implicitfalse
- 3If either I or II is Implicitfalse
- 4If both I and II are Implicitfalse
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Answer : 1. "If only assumption I is Implicit"
Explanation :
Answer: A) If only assumption I is Implicit Explanation: I is implicit in the norm prescribed in the sentence. This is why checking is being advised. Again, what would the banks check? Obviously what the clients reveal. Banks would assume the revelation to be true.Hence II is not implicit. However, II is vague. If cross - checking is what the speaker has in mind, II would become implicit.
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