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Option 1 : Only assumption I is implicit  

From the statement above, we can understand that there has been an accident in the factory for which the owner is willing to pay Rs. 1 lakh to the people who met with an accident.

From the information above, we can assume that the factory owners are capable of paying the money to the people who met with an accident, otherwise they would not make such promises.
Therefore, assumption I is implicit.

On the other hand, we cannot conclude from the information above that there will be a reduction in the accidents from future.
Therefore, assumption II is not implicit.

Hence, Only assumption I is implicit.

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