Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :
Table of Contents
Statement : His recent investment in the shares of Company A is only a gamble.
Assumptions :
I. He may incur loss on his investment.
II. He may gain from his investment.
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 & Solution
Answer: Option C
Solution:
The use of the word ‘gamble’ indicates that he may either gain or lose in the deal.
Also Read:
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