In the question below is given a statement. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement Statement: Budget 2018 gives recognition to the emerging sectors like Edutech, Agritech and Healthtech in India”. Under Digital India, a maximum of ₹ 864.22 crore will be spent on promotion of electronics manufacturing, followed by ₹ 425 crore on delivering e-governance services, ₹ 400 crore on the government’s digital literacy programme and ₹30 crore on development of manpower. Assumptions: 1. Digital Literacy Program will help India to grow in Edutech. 2. Agritech is the highest growing sector in India. 3. Budget 2018 is more focused on technology.

In the question below is given a statement. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement Statement: Budget 2018 gives recognition to the emerging sectors like Edutech, Agritech and Healthtech in India”. Under Digital India, a maximum of ₹ 864.22 crore will be spent on promotion of electronics manufacturing, followed by ₹ 425 crore on delivering e-governance services, ₹ 400 crore on the government’s digital literacy programme and ₹30 crore on development of manpower. Assumptions: 1. Digital Literacy Program will help India to grow in Edutech. 2. Agritech is the highest growing sector in India. 3. Budget 2018 is more focused on technology. Correct Answer Only I and III follow

1. Digital Literacy Program will help India to grow in Edutech. True, it can be assumed because statement denotes Edutech as one of the emerging sector and Digital literacy program will can help in growth of this sector.

2. Agritech is the highest growing sector in India. False, There is no mention of which sector is highest growing or any data related to the growth of sectors, so it cannot be assumed.

3. Budget 2018 is more focused on technology. True, Edutech, Healthtech and Agritech, all of these sectors are going to grow with the help of technology as tech is attached in each sectors name so it can be safely assumed that this assumption is true.

Hence only I and III follow.

Related Questions

In each question below is given a statement numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: About a year ago, Prime Minister Narendra Modi had told the world that the signature of a chartered accountant on financial statements was, perhaps, more powerful than even one of his own. ‘Just like doctors don’t want people to be ill to get more business, chartered accountants, too, need to safeguard the society’s economic health. Your signature is more powerful than the PM’s, and the government also believes the accounts signed by you’, Modi had said.  Assumptions: I. The CA community, however, may not have woken up to the value of the initials they put on financial statements. Last year has been more of a challenge for the community’s reputation, with banking frauds, asset quality divergences and mid-term auditor resignations dominating the headlines.  II. There cannot be a situation where there will be 100% agreement on everything. You may have rules but still judgmental factors in credit, asset recognition come in. The approach is that as soon as the asset is stretched, banks have to recognise the problem.  III. But even basic logic just went out of the window and banks together kept dishing out loans to such companies even when their annual turnover was half of the total debt.
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