New Enroll for RBI, SEBI & NABARD Intro Class! April 18 at 9:15 PM

    Question

    In each question below is given a statement followed by two courses of action numbered I and II. You have to assume everything in the statement to be true and on the basis of the information given in the statement, decide which of the suggested courses of action logically follow(s) for pursuing.

    Statement: Many private sector banks have

    reduced interest rate on housing loans in comparison to public sector banks. Courses of action: I. Public sector banks should explore new avenues in financial sector and try to establish their monopoly in these avenues and they should provide maximum possible and unique benefit to the customer. II. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers.
    A If only I follows Correct Answer Incorrect Answer
    B If only II follows Correct Answer Incorrect Answer
    C If either I or II follows Correct Answer Incorrect Answer
    D If neither I nor II follows Correct Answer Incorrect Answer
    E If both I and II follow Correct Answer Incorrect Answer

    Solution

    Both I and II are advisable because both the courses of action will tighten the grip of public sector banks on customers.

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