In this question below is given a statement followed by two assumptions numbered I and II.Consider the statement and decide which of the given assumption in implicit.
Give answer (a) if only assumption I is implicit : (b) if only assumption II is implicit: (c) If either I or II is implicit: (d) If neither I nor II is implicit and (e) If both I and II are implicit.
Statement:The cost of living has gone up in India
Assumption I.the price of essential commodities has gone up in recent times
II.Many luxury goods are available in plenty in the country.

Explanation

(e) If both I and II are implicit.