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Option 3 : 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.

Because of the fact that an assumption has to be assumed and must be based on the given statement all the assumptions stated, can be rejected.

From the statement, it is evident that Walmart is expanding its business in India and is planning to hire staff from outside India.

Assumption (I) can be rejected as no information regarding its role in 2007 is evident based on the given information. Thus, it is vague and can be rejected.

Assumption (II) could have been a perfect assumption (hint: ‘anti-corruption’) but that Walmart’s sole focus is to strengthen compliance with the US anti-corruption laws is incorrect as it also wants to expand its business in India.

Assumption (III) can also be rejected as the ripple effect of the development of the market on other markets is nowhere associated with the given information.

As all the assumptions, i.e. (I), (II) and (III) are irrelevant and thus, the correct answer choice is option 3.
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