The fact given in I directly follows from the phrase '..... for a better fiscal management' in the statement. So, I is implicit. However, the public response to the new policy cannot be ascertained. So, II is not implicit.
Statement: The government has decided to disinvest large chunk of its equity in select public sector undertakings for a better fiscal management. Assumptions: I. The amount generated out of the disinvestment process may reduce substantially the mounting fiscal deficits. II. There will be enough demand in the market for the shares of these undertakings.
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Question context
This question is part of 🧩 Logical Reasoning within the broader 🧠 Aptitude Mastery subject and appears in the DemoPaper-Pakistan preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.