Statement: Bank should always check financial status before lending money to a c

CuriousTab

Discussion

Home ‣ Verbal Reasoning ‣ Statement and Assumption See What Others Are Saying!

Question
Statement:
Bank should always check financial status before lending money to a client.
Assumption:
I. Checking before lending would give a true picture of the client financial status
II. Client sometimes may not present the correct picture of their ability to repay loan amount to the bank.
Options
A. if only assumption I is implicit.
B. if only assumption II is implicit.
C. if either assumption I or II is implicit.
D. if neither assumption I nor II is implicit.

Correct Answer

if only assumption I is implicit.

Explanation

I is implicit in the norm prescribed in the sentence. This is why checking is being advised. Again, what would the banks check? Obviously, what the clients reveal. Banks would assume the revelation to be true. Hence I is not implicit. However , II is vague. If cross-checking is what the speaker has in mind II would become implicit.

CuriousTab

CuriousTab

Discussion

Statement:
Bank should always check financial status before lending money to a client.
Assumption:
I. Checking before lending would give a true picture of the client financial status
II. Client sometimes may not present the correct picture of their ability to repay loan amount to the bank.

More questions

More in Verbal Reasoning:

Aptitude

Engineering

Programming

Reasoning

Links

CuriousTab

CuriousTab

Discussion

Statement: Bank should always check financial status before lending money to a client. Assumption: I. Checking before lending would give a true picture of the client financial status II. Client sometimes may not present the correct picture of their ability to repay loan amount to the bank.

More questions

More in Verbal Reasoning:

Aptitude

Engineering

Programming

Reasoning

Links

Social

Statement:
Bank should always check financial status before lending money to a client.
Assumption:
I. Checking before lending would give a true picture of the client financial status
II. Client sometimes may not present the correct picture of their ability to repay loan amount to the bank.