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Statement : Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year. Courses of action : I. The officers concerned in the commercial banks are to be suspended. II. The RBI should be asked to stop giving such directives to commercial banks. |
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Answer: Option D Explanation: The statement mentions that the commercial banks violate a directive issued by the RBI. The remedy is only to make the banks implement the Act. So, none of the courses follows. |
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.
Give answer
- (A) If only I follows
- (B) If only II follows
- (C) If either I or II follows
- (D) If neither I nor II follows
- (E) If both I and II follow.
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