Discussion Forum : Statement & Assumptions
Question -
Statement:
“The economic fortunes of the USA would determine the health of the Indian economy.”
— FICCI president
Assumptions:
I. Indian economy has no independent existence of its own.
II. The US economy influences the world economy.
“The economic fortunes of the USA would determine the health of the Indian economy.”
— FICCI president
Assumptions:
I. Indian economy has no independent existence of its own.
II. The US economy influences the world economy.
Answer: Option D
Answer: (d)Influence of one economy on the other does not imply that the latter has no independent existence. Hence I is not implicit. Just because the US economy influences the Indian economy, one can’t conclude that II is being implied. The influence can be felt even if India’s bilateral trade with the US is of a large volume.
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Answer: (d)Influence of one economy on the other does not imply that the latter has no independent existence. Hence I is not implicit. Just because the US economy influences the Indian economy, one can’t conclude that II is being implied. The influence can be felt even if India’s bilateral trade with the US is of a large volume.
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