The correct answer is: C. Either I or II is implicit
The statement says that two months ago, it was announced that Central Government pensioners would get dearness relief with immediate effect but till date, banks have not credited the arrears. This means that the banks have not yet implemented the government’s decision to give dearness relief to pensioners.
Assumption I is that most of the banks normally take care of the pensioners. This assumption is implicit because the statement does not say anything about whether or not the banks normally take care of the pensioners. However, the statement does say that the banks have not yet implemented the government’s decision to give dearness relief to pensioners. This suggests that the banks may not always take care of the pensioners.
Assumption II is that two months time is sufficient for the government machinery to move and give effect to pensioners. This assumption is implicit because the statement does not say anything about how long it usually takes for the government machinery to move and give effect to pensioners. However, the statement does say that the banks have not yet implemented the government’s decision to give dearness relief to pensioners. This suggests that the government machinery may not always be able to move and give effect to pensioners’ requests quickly.
Therefore, either assumption I or assumption II is implicit in the statement.