Read the given statement and the two assumptions that follow. Determine which of the assumptions is/are implicit in the statement.
Statement: In an effort to revitalize the local handloom sector, the State Government has issued a directive mandating that all uniforms for government school students must be procured exclusively from state-registered handloom cooperative societies.
Assumption I: State-registered handloom cooperative societies possess, or can develop, the production capacity required to fulfill the uniform requirements of all government schools in the state.
Assumption II: The local handloom sector is currently facing severe financial distress primarily due to intense competition from cheaper synthetic fabrics and power-loom industries.
Which of the following options is correct?
- Only assumption I is implicitAnswer
- BOnly assumption II is implicit
- CBoth assumptions I and II are implicit
- DNeither assumption I nor II is implicit
- EEither assumption I or II is implicit