Statements In 2015 the government has decided against reduction of prices of petroleum products thou...........

Logical Reasoning(Master ) Statement - Arguments

Statements: In 2015, the government has decided against reduction of prices of petroleum products, though there is a significant drop in the crude oil prices in the international market.

Assumption:

The present price of different petroleum products will help the government withstand any possible price rise in future.The prices of crude oil in the international market may again increase in the near future.

Only Assumption I is implicit.

Only Assumption II is implicit.

Neither I nor II is implicit.

Either I or II is implicit.

Both I and II are implicit.

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Explanation:

It is not necessary that price rise be there-on the mind of the government while taking the decision.
Hence, neither I nor II is implicit.
Hence, option 3 is the correct answer.