Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer : Statement : The Reserve Bank of India has directed the banks to refuse fresh loans to major defaulters. Assumptions : I. The banks may still give loans to the defaulters. II. The defaulters may repay the earlier loan to get fresh loan. III. The banks may recover the bad loans through such harsh measures.

The correct answer is: Only II and III are implicit.

The statement is: The Reserve Bank of India has directed the banks to refuse fresh loans to major defaulters.

Assumption I: The banks may still give loans to the defaulters.

This assumption is not implicit in the statement. The statement only says that the Reserve Bank of India has directed the banks to refuse fresh loans to major defaulters. It does not say that the banks will definitely follow this direction. It is possible that the banks may still give loans to the defaulters, even though they have been directed not to do so.

Assumption II: The defaulters may repay the earlier loan to get fresh loan.

This assumption is implicit in the statement. The statement says that the Reserve Bank of India has directed the banks to refuse fresh loans to major defaulters. This means that the defaulters will not be able to get fresh loans unless they repay the earlier loan.

Assumption III: The banks may recover the bad loans through such harsh measures.

This assumption is implicit in the statement. The statement says that the Reserve Bank of India has directed the banks to refuse fresh loans to major defaulters. This means that the banks are facing a problem of bad loans. They are trying to recover these loans by taking harsh measures, such as refusing to give fresh loans to the defaulters.

Therefore, the correct answer is: Only II and III are implicit.