Question

    Statements: I. RBI Puts Allahabad Bank under

    Prompt Corrective Action for High NPAs. II. An on-site inspection of high NPAs and negative return of assets for fiscal 2016-17 is observed. In each of the following questions, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in each question and mark your answer as; 1) If statement I is the cause and statement II is its effect. 2) If statement II is the cause and statement I is its effect. 3) If both the statements I and II are independent causes. 4) If both the statements I and II are effects of independent causes. 5) If both the statements I and II are effects of some common cause.
    A 1 Correct Answer Incorrect Answer
    B 2 Correct Answer Incorrect Answer
    C 3 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E 5 Correct Answer Incorrect Answer

    Solution

    Statement II implies that high NPAs and negative return of assets for 2016-17 is observed due to which Allahabad bank is put under Prompt Corrective Action.

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