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Given below is 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. Statement: “This bank gives the best interest rates on home loans”, claims a private bank. Assumptions: I. Bank gives low interest on home loan to attract customers. II. There are many people who take home loans.

Given below is 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. Statement: “This bank gives the best interest rates on home loans”, claims a private bank. Assumptions: I. Bank gives low interest on home loan to attract customers. II. There are many people who take home loans. Correct Answer Both I and II are implicit.

According to the given information,

Assumption I: This is implicit, because the customers get attracted to the banks which will give low interest rates.

Assumption II: Schemes like low interest rates are introduced by the banks because many people take home loans.

Hence, this is implicit.

Hence, “both I and II” are implicit.

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