Question
Download Solution PDFConsider the statement to be true and decide which of the following assumption is/are implicit.
Statement:
This year, in the budget session, there was no fund allotment for travel insurance.
Assumptions:
1. Travel insurance requires funds.
2. There are many other areas that need more financial attention.Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFTravel insurance requires fund as it involves inflow of money to provide travel insurance.
In the statement, a word “this” is used that means there was allotment for travel insurance in the previous year, but this year some other areas need more financial attention than travel insurance. So, there is no fund for travel insurance.
Hence, both assumptions support the statement.Last updated on Jun 11, 2025
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