The correct answer is: Only I and II are implicit.
The statement is about the need to recast the present educational system towards implementation of scientific discoveries in daily life. The first assumption is that the students after completing such education may be able to earn their livelihood. This assumption is implicit in the statement because the statement says that the present educational system is not able to provide the students with the skills that are required to get employment. The second assumption is that this may bring meaning of education in the minds of the youth. This assumption is also implicit in the statement because the statement says that the present educational system is not able to provide the students with a meaningful education. The third assumption is that the state may earn more revenue as more and more people will engage themselves in self-employment. This assumption is not implicit in the statement because the statement does not say anything about the state earning more revenue.
Here is a detailed explanation of each option:
- Option A: None is implicit. This option is incorrect because the first assumption is implicit in the statement.
- Option B: Only I and II are implicit. This option is correct because the first and second assumptions are implicit in the statement.
- Option C: Only III is implicit. This option is incorrect because the third assumption is not implicit in the statement.
- Option D: Only I and III are implicit. This option is incorrect because the third assumption is not implicit in the statement.
- Option E: None of these. This option is incorrect because the first assumption is implicit in the statement.