Statement: The cost of living has gone up in India.Assumptions:I. The price of essential commodities has gone up in recent times.II. Many luxury goods are available in plenty in the country.

Statement: The cost of living has gone up in India.Assumptions:I. The

1.	Statement: The cost of living has gone up in India.Assumptions:I. The price of essential commodities has gone up in recent times.II. Many luxury goods are available in plenty in the country.
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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Statement: The cost of living has gone up in India.Assumptions:I. The price of essential commodities has gone up in recent times.II. Many luxury goods are available in plenty in the country.

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