In the question below is given a statement followed by two assumptions numbered I and II. An assumption is something that is 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. Statement: The agency is conducting random raids and drives in order to check for counterfeit items. Assumptions: I. There has been a sharp rise in the sale of counterfeit items. II. The authority wants to grab counterfeiters before they even manage to start selling fake products.

In the question below is given a statement followed by two assumptions numbered I and II. An assumption is something that is 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. Statement: The agency is conducting random raids and drives in order to check for counterfeit items. Assumptions: I. There has been a sharp rise in the sale of counterfeit items. II. The authority wants to grab counterfeiters before they even manage to start selling fake products. Correct Answer Either I or II is implicit

It's either that the agency has been receiving a lot of complaints and wants to act fast on this, or that it is doing this as a precaution and doesn't want such items to enter the market in the first place. Hence, Option 3) Either I or II is implicit is the correct answer.

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.