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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.

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. Correct Answer Both III and I are implicit

The correct answer is option 5, i.e. Both III and I are implicit.

An assumption is a thing that is accepted as true or as certain to happen, without proof.

Both (I) and (III) can be assumed as perfect assumptions for the said statement as they are contextually correct and are the most logical assumption based on the facts mentioned.

From the statement, it is evident that due to the variation in the Indian rupee the handset makers are increasing the cost of the smartphones because of the high import charges. (I) is the most appropriate assumption as fluctuations in the value of rupee will help in promoting ‘Make in India’ as high import charges will not be liked by the companies and the masses as it will affect the marketability of the product. As a result to save the interests of the general masses the companies will support ‘Make in India’ and will try to develop the parts within the nation. (II) could have been correct, if the exact percentage change wouldn’t have been mentioned because we cannot assume something on our own specially facts and figures, as a result it can be rejected. (III) is also a correct assumption as it is the most logical assumption after reading the statements given, thus, it is also correct and the most appropriate answer choice is option 5.

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In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: Ikea, the world’s largest furniture retailer with 38 billion euros in annual sales, said the customs duty increase will push up costs in India and could hamper business sentiment. Trade barriers such as import duties are against ideas of a global economy and ease of doing business and will lead to higher costs in India, which is not customer friendly. Ikea said it’s still gauging the impact of the move and wouldn’t be able to comment on whether prices will be raised or not. The Swedish company’s entry marked one of the most significant overseas investments in the country.  Courses of action: I. The company imports, most of the products it sells including tableware, kitchenware and household items made of plastic, and travel bags among other items that are covered by the duty increase announced on Wednesday. Companies have said prices of air-conditioners, premium refrigerators, washing machines, shoes and suitcases will go up by 3-5% while premium imported shoes will be dearer by about 5%.  II. Ikea made its debut in India with its Hyderabad store in August and plans to expand to more locations across the country, keeping prices low as it seeks to appeal to customers in a price sensitive market.  III. India announced duty changes on 19 items including air-conditioners, refrigerators, washing machines, footwear, jewelry, furniture fittings, tableware and ATF to curb the current account deficit and stem the slide in the rupee against the dollar. 
A statement is given below in the question followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: Hindustan Unilever and Nestlé plan to selectively increase prices of their products to take into account higher crude oil and petrol costs, the rupee’s depreciation against the dollar and more expensive commodities such as wheat. If crude remains where it is and if the rupee has depreciated, of course, there are headwinds as far as costs are concerned. I. Nestlé India’s logistics providers are looking to renegotiate rates after record-high petrol and diesel prices. Nestlé declined to comment on when and by how much prices would increase.  II. Nestlé commented that HUL had dropped prices in November after the Goods & Services Tax was introduced last year and an increase in prices now would likely not hurt consumers.  III. Petrol prices have crossed Rs 90 a litre in Mumbai on increasing global prices of crude oil, of which India is a net importer, further impacted by the falling rupee. Crude derivatives, which are key inputs for FMCG companies, and petroleum derivatives used in packaging material including bottles and tubes, have also become more expensive.
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: Every time Sri Lanka’s president, Mahinda Rajapaksa, turned to his Chinese allies for loans and assistance with an ambitious port project, the answer was yes. Yes, though feasibility studies said the port wouldn’t work. Yes, though other frequent lenders like India had refused. Yes, though Sri Lanka’s debt was ballooning rapidly under Rajapaksa.  Assumptions: I. China had a stake in Sri Lanka’s main port as well, China Harbor was building a new terminal there, known at the time as Colombo Port City. Along with that deal came roughly 50 acres, solely held by the Chinese company, where Sri Lanka had no sovereignty.  II. Sri Lankan officials are quick to point out that the agreement explicitly rules out China’s military use of the site. But others also note that Sri Lanka’s government, still heavily indebted to China, could be pressured to allow it.  III. The rising debt and project costs, even as the port was struggling, handed Sri Lanka’s political opposition a powerful issue, and it campaigned heavily on suspicions about China. Rajapaksa may lose the election.
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In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: The rupee may slump to a new low this year amid global policy uncertainties while domestic interest rates will remain elevated, raising borrowing costs, according to an ET poll of 20 market participants. Nearly three-fourths of the respondents believe the local unit could touch 69 to the dollar with some even pointing to 70 by December-end. The rupee is one of the worst-performing emerging market currencies this year, having lost about 6.7 per cent to the greenback to close at 68.13 on Monday. Courses of action: I. Indian corporates may borrow less ahead of elections with the likely benchmark rate at 8 per cent or more. Half the poll participants were of the opinion that the benchmark yield will either hover around that level or rise further. II. External factors coupled with domestic macro measures like weak current account deficit or fiscal deficit are likely to impact the rupee. The US Fed seems to be on course to raise rates.  III. Upcoming elections trigger a bit of policy uncertainty. A cocktail of factors including dollar strengthening, foreign fund outflows, general emerging market weakness and oil would continue to weigh on the rupee.
In the question below, a statement and three assumptions numbered I, II and III are given. 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: Online grocery firm Grofers today said it is entering the FMCG segment and is targeting an overall revenue of Rs 2,500 crore by FY19. Grofers closed FY 18 with Rs 950 crore of sales and is targeting for a stronger growth trajectory in 2019, with a 50 per cent contribution from its private brands. The company has launched seven new brands under two categories Budget and Popular G-Brands.  Assumptions: I. With this, Grofers private labels expands to 250 food and non-food products for its consumers. With this significant business expansion, Grofers aims to drive the next wave of growth for e-commerce sector by bringing the next 100 million customers to its platform. II. This vertical expansion is key to drive Grofers next phase of growth in India. In the last five years, we have received an overwhelming response from our customers. III. Through many industry-first initiatives, Grofers has been instrumental in bringing new customers to the e-commerce fold with increase of its customer base. 
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: 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 the question given below, there is a statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and assumptions and then decide which of the assumption(s) is/are implicit in the statement. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. Statement: Many big actors like Shahrukh Khan, Naseeruddin Shah come from NSD. Assumption I: NSD is the only institute which gives great actors to the film industry. Assumption II: If you want to be a great actor you have to be a student of NSD.