The correct answer is: Only assumption I is implicit.
The statement says that the school authorities have decided to increase the number of students in each classroom to seventy from the next academic session to bridge the gap between the income and the expenditure to a large extent. This means that the school is expecting to generate more income by increasing the number of students. However, the statement does not say anything about whether the school will be able to get all the additional students in each class from the next academic session. Therefore, assumption II is not implicit.
Assumption I, on the other hand, is implicit in the statement. The statement says that the school authorities have decided to increase the number of students in each classroom to seventy from the next academic session to bridge the gap between the income and the expenditure to a large extent. This means that the school is expecting to generate more income by increasing the number of students. Therefore, assumption I is 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.
- Option B: Only assumption II is implicit. This is not the correct answer, because assumption II is not implicit in the statement.
- Option C: Either I or II is implicit. This is not the correct answer, because only assumption I is implicit in the statement.
- Option D: Neither I nor II is implicit. This is not the correct answer, because assumption I is implicit in the statement.
- Option E: Both I and II are implicit. This is not the correct answer, because only assumption I is implicit in the statement.