His recent investment in the shares of Company A is only a gamble.

by AdminX

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

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.

His recent investment in the shares of Company A is only a gamble.

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