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Statement: "In a big relief to liquor companies which are holding their stocks worth more than Rs. 200 crore in Bihar, the Supreme Court on Monday granted them two more months to transport liquor out of the state and directed them to dispose of their stocks by July 31." Which of the following can be the presupposition of the given statement? I. Beverages companies contended that it was possible to destroy the existing stocks by the end of this month. II. The apex court had earlier fixed a deadline of May 31 for the companies to dispose of their stocks. III. Seeking more time for transporting the stocks out of the state, the confederation said in its petition that delay in disposing of stocks was beyond its control as clearances were required from various agencies.

1. Only I
2. Only II and III
3. Only I and III
4. All of the above
5. None of the above

Correct answer: Only II and III

Solution

The statement assumes that there was already an earlier deadline and that the companies had sought more time due to clearance issues. Statement I is not necessary for the given news report and is not presupposed. Therefore, only II and III fit.

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