Statement Success of economic policy in India has to be judged by its success on the poverty front A...........

Logical Reasoning(Master ) Statement - Assumptions

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Statement: Success of economic policy in India has to be judged by its success on the poverty front.

Assumptions:

I. Success of the economic policy is determined by the level of poverty in the country.

II. Economic policy for India should be formulated keeping in mind the state of the poor people.

If only assumption II is implicit.

If either I or II is implicit.

If neither I nor II is implicit.

If both I and II are implicit.

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Explanation:

The statement implies that level of poverty shows how much the economic policy has been successful. Hence, assumption I is implicit. According to the main statement, success on the poverty front is measure of the success of an economic policy. So, it is assured that economic policy should be formulated considering the condition of poor people. It should work towards alleviating poverty. Therefore both I and II are implicit.

Hence, option 4 is the correct answer.