In each question below is given a statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions is implicit in the statement.

In each question below is given a statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions is implicit in the statement.

Statement: The Union Finance Minister has recently announced that those who earn upto Rs. 3 lakhs per annum will get the benefit of additional Rs. 5,000 under standard deduction.
Assumptions:
I. The people may welcome the decision and rally behind the government in its operation
II. The government may be able to manage with the revenue loss on account of the announcement
1). Give answer A if only assumption I is implicit
2). Give answer B if only assumption II is implicit
3). Give answer C if either assumption I or II is implicit
4). Give answer D if neither assumption I nor II is implicit

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