Logical Reasoning - Statement and Assumption - Discussion
Discussion Forum : Statement and Assumption - Section 1 (Q.No. 49)
Directions to Solve
In each question below is given a statement followed by two assumptions numbered I and II. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.
Give answer
- (A) If only assumption I is implicit
- (B) If only assumption II is implicit
- (C) If either I or II is implicit
- (D) If neither I nor II is implicit
- (E) If both I and II are implicit.
49.
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:
- The bank has a practice of granting loans for Rs. 1,00,000 and above.
- The bank accepts house as collateral security against such loans.
Answer: Option
Explanation:
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:
15 comments Page 2 of 2.
Abc said:
10 years ago
Nothing is mentioned about the amount to be granted by bank so its a vague statement.
Mms said:
1 decade ago
Yes but this could be change in future and in this question criterion money is not mentioned at all.
Edward said:
1 decade ago
Yes, the bank could be granting loans from 0-180000 for all we know.
Hema said:
1 decade ago
There is no range mentioned for money that is granted by banks then how can I be implicit?
Peeyush Kumar said:
1 decade ago
I don't see how it implicit 1 as no where it is mentioned the criterion money?
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