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Statement : This move has been taken from the point of view of exchange rate management. Assumptions: I. Such as a move is not desirable. II. No other move is possible.

Correct Answer: if neither I nor II is implicit.

Explanation:

I is not implicit: Since the statement is silent on whether the move would have a good or a bad impact, it does not make any assumption about the move's desirability. II is also not implicit . In fact the assumption is on the contrary. If we say that this move has been taken from a particular point of view ( that of exchange rate management), We assume that other moves are also possible.


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