Basmati rice exporters are gearing up to top the market in China which recently decided to allow imp...........

Logical Reasoning(Insurance) Statement - Assumptions

Basmati rice exporters are gearing up to top the market in China which recently decided to allow imports from India. Which of the following can be a possible assumption in the given statement? (An assumption is something supposed or taken for granted)

Exporters believe, it may take a couple of years to develop this new market, which largely consumes the glutinous sticky rice.

China presents a new market for Indian exporters, who have seen a surge in volumes of basmati in recent years.

China’s market has monopoly in competition market.

Basmati rice is high in demand all over the world.

None of these

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