Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : All existing inequalities can be reduced, if not utterly eradicated, by action of governments or by revolutionary change of government. Assumptions : I. Inequality is a man-made phenomenon. II. No person would voluntarily part with what he possesses.

The correct answer is: Only assumption I is implicit.

The statement says that all existing inequalities can be reduced, if not utterly eradicated, by action of governments or by revolutionary change of government. This means that inequality is not a natural phenomenon, but rather something that is created by humans. This is supported by assumption I, which states that inequality is a man-made phenomenon. Assumption II, however, is not supported by the statement. The statement does not say anything about whether or not people would voluntarily part with what they possess. Therefore, assumption II is not implicit in the statement.

Here is a more detailed explanation of each option:

• Option A: Only assumption I is implicit. This is the correct answer. As explained above, assumption I is supported by the statement, while assumption II is not.
• Option B: Only assumption II is implicit. This is not the correct answer. Assumption II is not supported by the statement.
• Option C: Either I or II is implicit. This is not the correct answer. Only assumption I is implicit in the statement.
• Option D: Neither I nor II is implicit. This is not the correct answer. Assumption I is implicit in the statement, while assumption II is not.
• Option E: Both I and II are implicit. This is not the correct answer. Only assumption I is implicit in the statement.