One statement is given, and it is followed by two inferences numbered I and II. Read the statement and decide which of the inferences is/are true for the given statement.
Statements: Fuel prices in India are inflating day by day, and there is no upper limit in its price increase.
Inferences:
I. Central and State governments have not cut down their respective taxes on fuel.
II. Inflation in the international market is influencing the rising fuel prices.

Correct option is B

Inference I:
Central and State governments have not cut down their respective taxes on fuel.
Analysis: The statement mentions that fuel prices are increasing, but it does not provide any specific information about the role of taxes. While it might be true that taxes contribute to high fuel prices, the statement does not directly indicate anything about government tax policies. Therefore, this inference is an assumption rather than a direct conclusion from the statement.
Conclusion: Inference I is not necessarily true based on the statement.
Inference II:
Inflation in the international market is influencing the rising fuel prices.

Analysis: The statement talks about the rise in fuel prices but does not mention anything about international market conditions or global inflation. Without specific mention or direct implication in the statement, this inference is also an assumption rather than a direct conclusion.
Conclusion: Inference II is not necessarily true based on the statement.
Final Decision:
Neither of the inferences directly follows from the given statement. They both involve assumptions that are not explicitly supported by the information provided.