In making decisions about important questions, it is desirable to be able to distinguish between ‘strong’ argument and ‘weak’ arguments. ‘Strong’ arguments are those which are both important and directly related to the question. ‘Weak’ arguments are those which are of minor importance and also may not be directly related to the question or may be related to a trivial aspect of the question.
Each question below is followed by three arguments numbered I, II and III. You have to decide which of the arguments is a ‘strong argument’ and which of them is ‘weak argument’.
Should there be only few banks in place of numerous smaller banks in India ?
Arguments:
I. Yes, this will help secure the investor’s money as these big banks will be able to withstand intermittent market related shocks
II. No, large number of people will lose their jobs as after the merger many employees will be redundant.
III. Yes, this will help consolidate the entire banking industry and will lead to healthy competition.
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