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 govt. has recently advised all the public sector banks to reduce rate of interest on home loans upto Rs. 25 lakhs.
Assumptions:
I. The public sector banks may reduce the interest on all home loans upto Rs. 25 lakhs.
II. People may take undue advantage of the govt.'s decision.
Answer & explanation
Correct answer: option 1
A detailed explanation for this question is coming soon.