Directions: in each question below is given a statement followed by two assumptionsnumbered 1 and 2 as assumptions are something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit, in the statement. Give answer:Statement:The Indian industries should utilize their existing capacities more effectively to achieve an economic growth rate of seven or eight percent.Assumptions:1. An economic growth rate of seven or eight percent is high enough for an industry.2. The basic problem with the India economy is the inability for capacity utilizationA. if only assumption 1 is implicitB. if only assumption 2 is implicitC. either 1 or 2 is implicitD. if neither 1 nor 2 is implicitE. if both are implicit