Discussion
Statement: No regular funds have been provided for welfare activities in this year's budget of the factory.
Assumptions:
1. The factory does not desire to carry out welfare this year.
2. Budgetary provision is necessary for carrying put welfare activities
Answer: E
The non-provision of funds for welfare activities in the budget clearly indicates the factory's intention to not carry out such activities in the current year. So, I is implicit. Also, welfare activities cannot be carried out in organisations without the allocation of funds for the same in the budget. So, II is also implicit
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