1. Statement : In the recently held All Indian Commerce Conference, the session on `Management of service sector in India’ surprisingly attracted large number of participants and also received a very good media coverage in the leading newspapers.Assumptions : I. People were not expecting such on encouraging response to service sector. II. Service sector is not managed properly in India. III. media is always very positive towards service sector.

2. Statement : The telephone company informed the subscribers through a notification that those who do not pay their bills by due date will be charged penalty for every defaulting day.Assumptions : I. Majority of the people may pay their bills by the due date to avoid penalty. II. The money collected as penalty may set off the losses due to delayed payment. III. People generally pay heed to such notices.

3. Statement : We must be prepared to face any eventuality and all the assignments must be completed as per their schedule: Director tells the faculty members.Assumptions : I. There is possibility of a serious eventuality. II. Dates are fixed for all the assignments. III. Faculty members are supposed to complete all the assignments.

4. Statement : The residents of the locality wrote a letter to the Corporation requesting to restore Normally in the supply of drinking water immediately as the supply at present is just not adequate.Assumptions : I. The Corporation may not take any action on the letter. II. The Municipality has enough water to meet the demand. III. The water supply to the area was adequate in the past.

5. Statement : In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market.Assumptions : I. The dealers will follow the Government’s directive. II. The sugar prices will come down. III. The price of indigenous sugar will remain unchanged.