Statement: India's dismal performances in the World Cup notwithstanding, cricket betting is on in full swing in the country. - A news Assumptions: I. Dismal performances of India discourages betting business all over the world. II. Bookies are making merry.
Correct Answer: if only assumption II is implicit.
Explanation:
I is not implicit because of its last portion, ie "all over the world". II is implicit since betting is on in full swing.