Logical Reasoning
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Statement and Arguments - Base Level
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2563
Question 2563
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Statement: Should there be only one rate of interest for term deposits of varying duration in banks ?
Arguments:
(I) No. People well refrain from keeping money for longer duration resulting into reduction of Liquidity level of the banks.
(II) Yes. This will be much simple for the common people and they may be encouraged to keep more money in banks.
Correct Answer: Option A
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