1.

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :Statement : The Union Government has decided to withdraw existing tax relief on various small savings schemes in a phased manner to augment its tax collection.Assumptions :I. People may still continue to keep money in small savings schemes and also pay taxes.II. The total tax collection may increase substantially.

A. Only assumption I is implicit
B. Only assumption II is implicit
C. Either I or II is implicit
D. Neither I nor II is implicit
E. Both I and II are implicit
Answer» F.


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