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Question

Consider 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.

The correct answer is

Both assumption 1 and 2 are implicit

Understanding Statement and Assumption Questions

Statement and Assumption questions require us to analyze a given statement and determine which of the subsequent assumptions are implicit, meaning they are taken for granted or are necessary background beliefs for the statement to make sense or be true.

Analyzing the Given Statement and Assumptions

Let's break down the specific statement and the assumptions provided:

Statement: This year, in the budget session, there was no fund allotment for travel insurance.

This statement tells us a specific action (or rather, inaction) taken during a budget session regarding travel insurance.

Assumptions:

  1. Travel insurance requires funds.
  2. There are many other areas that need more financial attention.

Detailed Analysis of Each Assumption

Assumption 1: Travel insurance requires funds.

Consider the statement: "no fund allotment for travel insurance." This statement is made in the context of a "budget session," which is where financial decisions are made and funds are allocated.

If travel insurance did not require funds, then the concept of "fund allotment" for it would be irrelevant or nonsensical. The very fact that a decision was made *not* to allot funds implies that fund allotment is something that *could* have happened, and would be necessary for travel insurance to operate or be provided in the way being discussed (presumably, publicly funded or supported travel insurance). Therefore, the statement implicitly assumes that travel insurance is something that needs financial resources.

Thus, Assumption 1 is implicit.

Assumption 2: There are many other areas that need more financial attention.

The statement says that in the budget session, no funds were allotted for travel insurance. Budget sessions involve making decisions about how to distribute limited financial resources across various needs and priorities. A decision *not* to fund one area is often made because other areas are deemed more critical or are in greater need of funds.

While there could be other reasons for not funding travel insurance (e.g., it's being discontinued entirely, or funded privately), a common and highly plausible reason within the context of a budget session's allocation process is that funds are being directed elsewhere due to competing demands and priorities. The statement about *not* allocating funds suggests that a choice was made, and prioritizing other areas is a strong implicit reason behind such a choice in a budget scenario.

Thus, Assumption 2 provides a likely underlying reason for the decision in the statement and is implicitly assumed as a context where such a decision makes sense from a resource allocation perspective.

Therefore, Assumption 2 is also implicit.

Conclusion on Implicit Assumptions

Based on the analysis:

  • Assumption 1 ("Travel insurance requires funds") is implicit because the statement discusses fund allotment, which is only relevant if funds are needed.
  • Assumption 2 ("There are many other areas that need more financial attention") is implicit because it provides a common and logical reason within a budget context for not allocating funds to a specific area, suggesting it was prioritized lower than others.

Both assumptions are necessary to fully understand the implications and context of the statement within a budget session.

Assumption Analysis Implicit?
Travel insurance requires funds. Statement discusses fund allotment in a budget. Only relevant if funds are needed. Yes
There are many other areas that need more financial attention. Budget decisions involve prioritizing needs. Not funding one area suggests other areas were prioritized. Yes

Revision Table: Key Concepts

Concept Explanation Relevance
Statement A given fact or piece of information to be analyzed. The basis for identifying assumptions.
Assumption Something taken for granted or accepted as true without proof. Implicit assumptions are unstated beliefs necessary for the statement.
Implicit Assumption An assumption that is implied by the statement, even if not explicitly stated. It helps provide context or justification. The core task of the question - identifying these hidden assumptions.
Budget Session A formal meeting where financial plans and allocations are discussed and decided. Provides the context for decisions about fund allotment.
Fund Allotment The process of distributing available money to specific purposes or areas. The specific action (or lack thereof) described in the statement.

Additional Information: Identifying Implicit Assumptions

When tackling statement and assumption questions, consider the following points:

  • Think logically: What must be true for the statement to be possible or make sense in its given context?
  • Look for context: The setting or situation described in the statement (like a 'budget session' here) provides crucial context. What typical activities or constraints are associated with this context?
  • Identify underlying beliefs: What general beliefs or conditions would the speaker likely hold when making this statement?
  • Test the assumption: If the assumption were *not* true, would the statement still be meaningful or logical? If not, the assumption is likely implicit. For example, if assumption 1 ("Travel insurance requires funds") were false, the statement "no fund allotment for travel insurance" would be strange - why would you allot funds for something that doesn't need them?
  • Avoid adding outside information: Only rely on the information given in the statement and the assumptions. Don't bring in your own external knowledge unless it's general common sense relevant to the context (like how budget sessions work).
  • Consider cause and effect: Sometimes the assumption provides a reason or cause for the situation described in the statement.

In this case, both assumptions logically support or are required by the statement within the specific context of a budget session dealing with fund allocations.

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Important Questions from Statements and Assumptions

  1. Direction: A statement is given followed by two conclusions numbered I and II. Assuming that the given statement is true even if it seems to be at variance from commonly known facts, decide which of the given conclusions logically follow(s) from the given statement.

    Statement:

    In a football match between Team-X and Team-Y, the total number of goals scored by Team-Y was 5, out of which 3 goals were scored by the left footed player.

    Assumption:

    I. The left-footed player was adept at scoring goals.

    II. 60% of the players in Team Y are left footed.

  2. Consider the given statement and decide which of the given assumptions is implicit in the statement.

    statement:

    P advised Q, "Go to Mumbai via Jaipur ____ the shortest route"

    Assumptions: I.  P advises everybody.

    II. Q wishes to go to Mumbai.

  3. Read the given statement and assumptions carefully. Assuming that the information given in the statement is true, even if it appears to be at variance with commonly known facts, decide which of the given assumptions logically follow(s) from the statement.

    Statement:

    During exams, invigilators are not supposed to use mobile phones in the examination hall.

    Assumptions:

    I. Mobile disturbs students during examination.

    II. Keeping mobiles switched off helps to improve their vigilance.

  4. Consider the given statements and decide which of the given assumptions is/are implicit in the statement.

    Statement:

    To expand their business, a budding company now requires more staff.

    Assumptions:

    I: The current staff is incompetent.

    II: Business can only be expanded by always hiring new staff.

  5. Read the given statement and conclusions carefully and decide which of the assumptions is implicit in the statement.

    Statement:

    "SAVE MONEY - BUY 1 GET 3" — Advertisement by a commercial brand.

    Assumptions:

    1. Brand sales increased profusely after the offer.

    2. People are more attracted to buy if they are offered more than what they are already paying.

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