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Statement: The next meeting of the Governing Board of the Institute will be held after one year. Assumptions: The Institute will remain in function after one year. The Governing Board will be dissolved after one year.

Correct Answer: Only assumption I is implicit

Explanation:

That the meeting of the Governing Board will be held after one year means the Institute will be functioning at that time. So, I is implicit. The Board cannot be dissolved at the time" when its meeting starts. So, II is not implicit.

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