In this question a statement is given which is followed by two assumptions numbered I and II. You have to consider the statement and the following assumptions and decide which of the assumption (s) is/are implicit in the statement.

Statement: The next meeting of the Governing Board of the Institute will be held after one year.

Assumptions:

I. The Institute will remain in function after one year.

II. The Governing Board will be dissolved after one year.

If only assumption I is implicit