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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: Communications Minister Manoj Sinha on Monday said the government is working on establishing 650 branches for India Post Payments Bank to facilitate financial inclusion, and unveiled two new offerings by the postal department. “For India Post Payments Bank ... we will be opening nearly 650 branches across India. Two, namely in Raipur and Ranchi, have already started, Sinha said. Assumptions: I. With the way technology is changing and given the disruptions, it is good to link yourself with technology but department's values too have to be maintained, and that is the biggest challenge. II. The aim is that through 650 post payments bank, we can push financial inclusion in 1.55 lakh villages. III. The minister who was speaking at an event to commemorate National Postal Week (October 9-15) also announced two new offerings - International Tracked Packet Service and e-IPO (Indian Postal Order).

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: Communications Minister Manoj Sinha on Monday said the government is working on establishing 650 branches for India Post Payments Bank to facilitate financial inclusion, and unveiled two new offerings by the postal department. “For India Post Payments Bank ... we will be opening nearly 650 branches across India. Two, namely in Raipur and Ranchi, have already started, Sinha said. Assumptions: I. With the way technology is changing and given the disruptions, it is good to link yourself with technology but department's values too have to be maintained, and that is the biggest challenge. II. The aim is that through 650 post payments bank, we can push financial inclusion in 1.55 lakh villages. III. The minister who was speaking at an event to commemorate National Postal Week (October 9-15) also announced two new offerings - International Tracked Packet Service and e-IPO (Indian Postal Order). Correct Answer Neither I, II nor III is implicit

The correct answer is option 3, i.e. Neither I, II nor III is implicit.

An assumption is a thing that is accepted as true or as certain to happen, without proof. The given statement is about the 650 branches for India Post Payments Bank established by the government to facilitate financial inclusion. From the assumptions mentioned above, none of them is implicit. (I) seems more of a conclusion for the above sentence and cannot be assumed to be a suitable assumption. (II) can also be rejected because it is just a rephrase of the context mentioned in the given statement. (III) can also be rejected because it is not an assumption. It continues the idea further thereby, does not acts as an assumption regarding the initiative taken by the government. Thus, all of the assumptions mentioned are irrelevant and can be rejected.

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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.
In the 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: The country is all geared up to roll out yoga mats mark the fourth International Day of Yoga (IDY), with Prime Minister Narendra Modi scheduled to lead 55,000 enthusiasts in performing asanas in Dehradun. Yoga sessions will be held across the world to mark the day, picked by the United Nations to celebrate the ancient Indian practice that has spread across the globe. The biggest show in the country this time will be on the lawns of the Forest Research Institute (FRI) in the lap of the Himalayas in Uttarakhand's capital Dehradun. Assumptions: I. Indian missions abroad are also coordinating activities, officials said, to mark the UN day for which the country had lobbied hard. II. Yoga is not just a set of exercises that keeps the body fit. It is a passport to health assurance, a key to fitness and wellness. Nor is yoga only what you practice in the morning. III. Islam lays special emphasis on physical fitness and considers things related to fitness as good. Yoga as an exercise is good, but it should not be made compulsory which may not be acceptable to people of other religions.
In the 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: Summer is slowly fading away, but the sales of super premium and craft beers continue to sizzle. And now the FIFA World Cup football in Russia, as many football fans head out to the pubs every evening to watch matches, is adding some more fizz to the market. For young millennials, especially in Indian metros, it’s also time to seek out new craft and super-premium beers. According to a report by Euromonitor International last year, there is likely to be a further rise of craft beers in India this year. The report says that the huge success of B9 Beverages’ Bira 91 is expected to further encourage many global players to introduce their own craft beers.  Assumptions: I. Additionally, with this category being largely underdeveloped, many new players are also expected to emerge.  II. Likewise, a recent report by BMI Research of Business Monitor International, too, sees a strong growth for the beer market in India in 2018 on the back of changing cultural attitudes and a young, increasingly affluent population, demand for premium and craft beers is rapidly emerging. III. With growth in demand from Indian beer connoisseurs, who don’t mind paying a premium, it’s no surprise that importers and local brewers have launched over 20 new and fresh flavours this summer, including niche craft beers produced in small breweries.
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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: The fall in the value of Indian rupee to almost 69 against the US dollar has raised input cost for handset makers that import most of the components from China or elsewhere. But most brands are wary of increasing prices due to the fear of losing share in an intensely competitive market. Market insiders said an immediate increase in prices of existing models may be unlikely due to intense competition, but some brands may decide to factor in the rising costs in prices of upcoming models.  Assumptions: I. On the positive, such currency fluctuations could lead to a further push for Make in India.  II. There is a varying impact on different sections of the industry. Sections operating on very thin margins are deeply concerned with the rupee depreciating by nearly 4-5%. III. If the rupee value keeps on increasing vis-a-vis the dollar in the coming days, companies will be forced to take the unavoidable step of raising their prices and passing the burden on to the consumer.
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