Statement No budgetary provision for the purpose of appointing additional faculty would be made in the context of Institute's changed financial priorities. Assumptions I. Appointment of faculty requires funds. II. There are areas other than appointment of faculty which require more financial attention.
Correct Answer: if both Assumption I and II are implicit
Explanation:
It is clear that appointment of faculty requires funds, that is why it has been stated that no budgetary provisions will be made. Secondly, budget has been restricted to be invested in other areas. Hence, both the assumptions are implicit.
