Statement: "In view of a likely fiscal deficit of around five per cent, there is no denying the need for a consensus to trim government expenditure." - View of Mr XAssumptions: I. Trimming government expenditure is an effective tool to curb fiscal deficit.II. Trimming government expenditure is not an effective tool to curb fiscal deficit.

if only assumption II is implicit.

if only assumption I is implicit.

if neither I nor II is implicit.

Statement: "In view of a likely fiscal deficit of around five per cent

1.	Statement: "In view of a likely fiscal deficit of around five per cent, there is no denying the need for a consensus to trim government expenditure." - View of Mr XAssumptions: I. Trimming government expenditure is an effective tool to curb fiscal deficit.II. Trimming government expenditure is not an effective tool to curb fiscal deficit.
A.	if only assumption I is implicit.
B.	if only assumption II is implicit.
C.	if either I or II is implicit.
D.	if neither I nor II is implicit.
E.	if both I and II are implicit.
Answer» B. if only assumption II is implicit.

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