Statement Prime Minister Narendra Modi on February 24 will launch the Rs 75 000 crore Pradhan Mantri...........

Logical Reasoning(SBI-PO) Statement - Assumptions

Direction: In the question below is given a statement followed by three assumptions numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement.

Statement: Prime Minister Narendra Modi on February 24 will launch the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Gorakhpur, Uttar Pradesh, by transferring the first of the three installments of Rs 2,000 each to over one crore farmers having cultivable land up to two hectares. Another one crore farmers will be covered in the next 2-3 days.

Assumptions:

I. The central government had announced the PM-KISAN scheme under which Rs 6,000 per year will be given in three installments to small and marginal farmers holding cultivable land up to two hectares.

II. The scheme has been made effective from this fiscal itself and as a result, farmers would get one installment before March-end. This programme is part of the government's effort to address farm sector distress.

III. To provide an assured income support to the small and marginal farmers, the government is launching the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).

Only II is implicit

All I, II and III are implicit

None is implicit

Only I is implicit

Only III is implicit

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Explanation:

The correct answer is option 2, i.e. All I, II and III are implicit.
An assumption is a thing that is accepted as true or as certain to happen, without proof.
From the statement, it is evident that it is about the PM-KISAN scheme which is entitled to small and medium farmers having cultivable land up to two hectares. The first installment as promised by the Prime Minister Narendra Modi will be processed on February 24.
Assumption (I) is a perfect assumption based on the information provided. The figure of 6000 is evident from the information stated, ‘first of the three installments of Rs 2,000 each’.
Assumption (II) is also appropriate. The idea of the scheme launched in this fiscal is evident from the fact that PM is launching it now and before March end the first transaction would be done. It also highlights the general idea behind the scheme to help the distressed farmers.
Similarly, assumption (III) is also appropriate as it follows the flow of the ideas stated and brings out the financial benefit the scheme will provide to the farmers.
Thus, all of the assumptions are relevant thus the most appropriate answer choice is option 2.