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In each question below is given a statement followed by two courses of action numbered I and II. A course of action is a step or administrative decision to be taken for improvement, follow-up or further action in regard to the problem, policy, etc. On the basis of the information given in the statement, you have to assume everything in the statement. to be true, then decide which of the suggested courses of action logically follow (s) for pursuing.
Give answer a: if only I follows.
Give answer b: if only II follows.
Give answer c: if either I or II follows.
Give answer d: if neither I nor II follows.
Give answer e: if both I and II follow.
Statement : Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks.
Courses of action
I. The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction.
II. Public sector banks must adopt such policy to remain in competition.
The strategy of providing house loans at reduced interest rates has actually aided in sustainable business growth of the private banks. Also, quick processing of loans and easy financing has led to an increase in the customer footfall. Thus, private banks are way ahead as compared to the public sector banks. The same strategy can be implemented by the government banks to remain in the competition.
Thus, only II follows.
=> Ans - (B)
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