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.

Statement: Shalini made an application to the bank for a loan of Rs.

1.	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.	Only assumption I is implicit
B.	Only assumption II is implicit
C.	Either I or II is implicit
D.	Both I and II are implicit
Answer» E.

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