

MCQOPTIONS
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1. |
Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :Statement : Shalini made an application to the bank for a loan of Rs. 1,80,000 by mortgaging her house to the bank and promised to repay it within five years.Assumptions :I. The bank has a practice of granting loans for Rs. 1,00,000 and above.II. The bank accepts house as collateral security against such loans. |
A. | nly assumption I is implicit |
B. | nly assumption II is implicit |
C. | ither I or II is implicit |
D. | either I nor II is implicit |
E. | oth I and II are implicit |
Answer» F. | |