In the question given below, a statement is followed by two assumptions numbered I and II. You have to consider the statement and decide which of the assumptions is implicit in the statement. Statement: Ramesh took a loan of Rs. 270000 by mortgaging his BMW car to the bank. Assumption: I. Bank accepts mortgaged property as collateral security against such loans. II. Bank gives loan for an amount higher than Rs. 250000 Correct Answer If both I or II are implicit Assumption: I. Bank accepts mortgaged property as collateral security against such loans → True II. Bank gives loan for an amount higher than Rs. 250000 → True Hence, answer is both I and II are implicit.