Instructions

Direction: In each question below is given a statement followed by three courses of action numbered (A), (B) and (C). 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.

Question 32

Statement: A large private bank has decided to retrench one-third of its employees in view of the huge losses incurred by it during the past three quarters.

Courses of action:
(A) The Govt. should issue a notification to general public to immediately: stop all transactions with the bank.
(B) The Govt. should direct the bank to refrain from retrenching its employees.
(C) The Govt. should ask the central bank of the country to initiate an enquiry into the bank's activities and submit its report.

Solution

The govt should start an inquiry to investigate the actions of the bank and refrain from acting in haste without proper analysis. Hence option C is the right option. 


Create a FREE account and get:

  • Banking Quant Shortcuts PDF
  • Free Banking Study Material - (15000 Questions)
  • 135+ Banking previous papers with solutions PDF
  • 100+ Online Tests for Free

cracku

Boost your Prep!

Download App