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Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.
(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.
(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.
(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.
(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.
(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.
  • a)
    ABC21
  • b)
    12ABC
  • c)
    2ABC1
  • d)
    ABC12
  • e)
    1ABC2
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Direction: Five statements labelled A, B, C, 1 and 2 are given below....
Statement A acts as solution to a problem. This problem is mentioned in statement 2 which states that private commercial banks would not approach rural areas as it was unprofitable. Thus statement 2 should come before statement A. Statement 1 gives an overall view regarding the official view with respect to provision of banking facilities to rural areas. This statement should come in the beginning as an introductory sentence to what is being covered by the passage.
Hence, the correct sequence is 12ABC and option B is the correct answer.
Free Test
Community Answer
Direction: Five statements labelled A, B, C, 1 and 2 are given below....
Explanation:

Given Statements:
A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.
B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.
C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the non-profitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.

Correct Order:
A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.
B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.
1) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.
C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the non-profitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.
Therefore, option (b) 12ABC is the correct arrangement to form a logically coherent paragraph.
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Read the following passage carefully and answer the questions given below it. Certain words/phrases have been underlineto help you locate them while answering some of the questions.The modern world requires us to repose trust in many anonymous institutions. We strap ourselves in a flying tin can with two hundred other people not because we know the pilot but because we believe that airline travel is safe. Our trust in these institutions depends on two factors : skills and ethics. We expect that the people who run these institutions know what they are doing, that they build and operate machines that work as they are supposed to and that they are looking out for our welfare even though we are strangers.When one of these factors is weak or absent, trust breaks down and we either pay a high price in safety- as in the Bhopal tragedy -or a large ‘welfare premium’ such as the elaborate security measures at airports. Trust-deficient environments work in the favour of the rich and powerful, who can commandpremiumtreatment and afford welfare premiums. Poor people can command neither; which is why air travel is safer than train travel, which in turn is safer than walking by the road side.Every modern society depends on the trust in the skills and ethics of a variety of institutions such as schools and colleges, hospital and markets. If we stopped believing in theexpertiseof our teachers, doctors and engineers, we will stop being a modern society.As the Institution among institutions, it is the duty of the state to ensure that all other institutions meet their ethicalobligations. The Indian state has failed in its regulatory role. Consequently, we cannot trust our schools to turn out good graduates, we cannot ensure that our colleges turn out well trained engineers and we cannot guarantee that our engineers will turn out to be good products.Last year, I was invited to speak at an undergraduate research conference. Most of the participants in this conference were students at the best engineering colleges in the State. One student who was driving me back and forthrecounteda story about the previous year’s final exam. One of his papers had a question from a leading textbook to which the textbook’s answer was wrong. The student was in a dilemma : should he write the (wrong) answer as given in the textbook or should he write the right answer using his own analytical skills. He decided to do the latter and received a zero on that question. Clearly, as the student had suspected, the examiners were looking at the textbook answer while correcting the examination papers instead of verifying its correctness.The behaviour of these examiners is a breakdown of institutional morals, with consequences for the skills acquired by students. I say institutional morals, for the failure of these examiners is not a personal failure. At the same conference I met a whole range of college teachers, all of whom were drafted as examiners at some time or the other. Without exception, they were dedicated individuals who cared about the education and welfare of their students. However, when put in the institutional role of evaluating an anonymous individual, they fail in fulfilling their responsibilities. When some of our best colleges are run in this fashion, is it any wonder that we turn outunskilledengineers and scientists ? If, as we are led to expect, there is a vast increase in education at all levels and the regulatory regime is as weak as it is currently, isn’t it likely that the trust deficit is only going to increase ?We are all aware of the consequences of ignoring corruption at all levels of society. While institutional failures in governance are obvious, I think the real problem lies deeper, in the failure of every day institutions that are quite apart from institutions that impinge on our lives only on rare occasions. It is true that our lives are made more miserable by government officials demanding bribes for all sorts of things, but what about the everyday lying andcheating and breaking of rules with people who are strangers ?Let me give you an example that many of us have experienced. I prefer buying my fruits and vegetables from roadside vendors rather than chain stores. To the vendor, I am probably an ideal customer, since I do not bargain and I do not take hours choosing the best pieces, instead, letting the vendor do the selecting. The market near my house is quite busy; as a result, most vendors are selling their wares to strangers. It takes a while before a particular vendor realises that I am arepeatcustomer. In such a situation trust is crucial. I have a simple rule : if a vendorpalms offa bad piece whose defects are obvious, I never go back to that person again. It is amazing how often that happens.In my opinion, the failure of institutional ethics is as much about these little abuses of trust as anything else. Everyday thievery is like roadside trash; if you let it accumulate the whole neighbourhood stinks.Q. Why, according to the author, do people repose trust in Institutions they do not know ?

Read the following passage carefully and answer the questions given below it. Certain words/phrases have been underlineto help you locate them while answering some of the questions.The modern world requires us to repose trust in many anonymous institutions. We strap ourselves in a flying tin can with two hundred other people not because we know the pilot but because we believe that airline travel is safe. Our trust in these institutions depends on two factors : skills and ethics. We expect that the people who run these institutions know what they are doing, that they build and operate machines that work as they are supposed to and that they are looking out for our welfare even though we are strangers.When one of these factors is weak or absent, trust breaks down and we either pay a high price in safety- as in the Bhopal tragedy -or a large ‘welfare premium’ such as the elaborate security measures at airports. Trust-deficient environments work in the favour of the rich and powerful, who can commandpremiumtreatment and afford welfare premiums. Poor people can command neither; which is why air travel is safer than train travel, which in turn is safer than walking by the road side.Every modern society depends on the trust in the skills and ethics of a variety of institutions such as schools and colleges, hospital and markets. If we stopped believing in theexpertiseof our teachers, doctors and engineers, we will stop being a modern society.As the Institution among institutions, it is the duty of the state to ensure that all other institutions meet their ethicalobligations. The Indian state has failed in its regulatory role. Consequently, we cannot trust our schools to turn out good graduates, we cannot ensure that our colleges turn out well trained engineers and we cannot guarantee that our engineers will turn out to be good products.Last year, I was invited to speak at an undergraduate research conference. Most of the participants in this conference were students at the best engineering colleges in the State. One student who was driving me back and forthrecounteda story about the previous year’s final exam. One of his papers had a question from a leading textbook to which the textbook’s answer was wrong. The student was in a dilemma : should he write the (wrong) answer as given in the textbook or should he write the right answer using his own analytical skills. He decided to do the latter and received a zero on that question. Clearly, as the student had suspected, the examiners were looking at the textbook answer while correcting the examination papers instead of verifying its correctness.The behaviour of these examiners is a breakdown of institutional morals, with consequences for the skills acquired by students. I say institutional morals, for the failure of these examiners is not a personal failure. At the same conference I met a whole range of college teachers, all of whom were drafted as examiners at some time or the other. Without exception, they were dedicated individuals who cared about the education and welfare of their students. However, when put in the institutional role of evaluating an anonymous individual, they fail in fulfilling their responsibilities. When some of our best colleges are run in this fashion, is it any wonder that we turn outunskilledengineers and scientists ? If, as we are led to expect, there is a vast increase in education at all levels and the regulatory regime is as weak as it is currently, isn’t it likely that the trust deficit is only going to increase ?We are all aware of the consequences of ignoring corruption at all levels of society. While institutional failures in governance are obvious, I think the real problem lies deeper, in the failure of every day institutions that are quite apart from institutions that impinge on our lives only on rare occasions. It is true that our lives are made more miserable by government officials demanding bribes for all sorts of things, but what about the everyday lying andcheating and breaking of rules with people who are strangers ?Let me give you an example that many of us have experienced. I prefer buying my fruits and vegetables from roadside vendors rather than chain stores. To the vendor, I am probably an ideal customer, since I do not bargain and I do not take hours choosing the best pieces, instead, letting the vendor do the selecting. The market near my house is quite busy; as a result, most vendors are selling their wares to strangers. It takes a while before a particular vendor realises that I am arepeatcustomer. In such a situation trust is crucial. I have a simple rule : if a vendorpalms offa bad piece whose defects are obvious, I never go back to that person again. It is amazing how often that happens.In my opinion, the failure of institutional ethics is as much about these little abuses of trust as anything else. Everyday thievery is like roadside trash; if you let it accumulate the whole neighbourhood stinks.Q. Why, according to the author, is the behaviour of examiners a breakdown of institutional morals ?

Read the following passage carefully and answer the questions given below it. Certain words/phrases have beenunderlineto help you locate them while answering some of the questions.The modern world requires us to repose trust in many anonymous institutions. We strap ourselves in a flying tin can with two hundred other people not because we know the pilot but because we believe that airline travel is safe. Our trust in these institutions depends on two factors : skills and ethics. We expect that the people who run these institutions know what they are doing, that they build and operate machines that work as they are supposed to and that they are looking out for our welfare even though we are strangers.When one of these factors is weak or absent, trust breaks down and we either pay a high price in safety- as in the Bhopal tragedy -or a large ‘welfare premium’ such as the elaborate security measures at airports. Trust-deficient environments work in the favour of the rich and powerful, who can commandpremiumtreatment and afford welfare premiums. Poor people can command neither; which is why air travel is safer than train travel, which in turn is safer than walking by the road side.Every modern society depends on the trust in the skills and ethics of a variety of institutions such as schools and colleges, hospital and markets. If we stopped believing in theexpertiseof our teachers, doctors and engineers, we will stop being a modern society.As the Institution among institutions, it is the duty of the state to ensure that all other institutions meet their ethicalobligations. The Indian state has failed in its regulatory role. Consequently, we cannot trust our schools to turn out good graduates, we cannot ensure that our colleges turn out well trained engineers and we cannot guarantee that our engineers will turn out to be good products.Last year, I was invited to speak at an undergraduate research conference. Most of the participants in this conference were students at the best engineering colleges in the State. One student who was driving me back and forthrecounteda story about the previous year’s final exam. One of his papers had a question from a leading textbook to which the textbook’s answer was wrong. The student was in a dilemma : should he write the (wrong) answer as given in the textbook or should he write the right answer using his own analytical skills. He decided to do the latter and received a zero on that question. Clearly, as the student had suspected, the examiners were looking at the textbook answer while correcting the examination papers instead of verifying its correctness.The behaviour of these examiners is a breakdown of institutional morals, with consequences for the skills acquired by students. I say institutional morals, for the failure of these examiners is not a personal failure. At the same conference I met a whole range of college teachers, all of whom were drafted as examiners at some time or the other. Without exception, they were dedicated individuals who cared about the education and welfare of their students. However, when put in the institutional role of evaluating an anonymous individual, they fail in fulfilling their responsibilities. When some of our best colleges are run in this fashion, is it any wonder that we turn outunskilledengineers and scientists ? If, as we are led to expect, there is a vast increase in education at all levels and the regulatory regime is as weak as it is currently, isn’t it likely that the trust deficit is only going to increase ?We are all aware of the consequences of ignoring corruption at all levels of society. While institutional failures in governance are obvious, I think the real problem lies deeper, in the failure of every day institutions that are quite apart from institutions that impinge on our lives only on rare occasions. It is true that our lives are made more miserable by government officials demanding bribes for all sorts of things, but what about the everyday lying andcheating and breaking of rules with people who are strangers ?Let me give you an example that many of us have experienced. I prefer buying my fruits and vegetables from roadside vendors rather than chain stores. To the vendor, I am probably an ideal customer, since I do not bargain and I do not take hours choosing the best pieces, instead, letting the vendor do the selecting. The market near my house is quite busy; as a result, most vendors are selling their wares to strangers. It takes a while before a particular vendor realises that I am arepeatcustomer. In such a situation trust is crucial. I have a simple rule : if a vendorpalms offa bad piece whose defects are obvious, I never go back to that person again. It is amazing how often that happens.In my opinion, the failure of institutional ethics is as much about these little abuses of trust as anything else. Everyday thievery is like roadside trash; if you let it accumulate the whole neighbourhood stinks.Q. Which of the following is possibly the most appropriate title for the passage ?

Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer?
Question Description
Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer?.
Solutions for Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Five statements labelled A, B, C, 1 and 2 are given below. Among them, statements A, B and C are in the correct order. Identify the positions of 1 and 2 so as to make a logically coherent paragraph.(A) It was, therefore, suggested that with the nationalisation of the Imperial Bank, the State Bank of India would have special responsibility to provide banking facilities in smaller towns and villages.(B) Thus, the official attitude seems to have been that the State Bank of India and the cooperatives would specialise in rural banking and the private commercial banks would confine their activities to the urban centres.(C) The implication of this division of areas between the public sector banking (State Bank of India) and the cooperatives vis-a-vis the private commercial banks is that the nonprofitable banking should be the main responsibility of the public sector institutions whereas the profitable ones should be earmarked for private banking institutions.(1) For a long time, the official view regarding the provision of banking facilities to the rural areas have been that extension of banking facilities to the rural sector should be earmarked for the cooperatives and urban banking should be largely left for the commercial banks.(2) While nationalising the Imperial Bank of India, it also argued that the private commercial banks cannot reach the villages because opening of branches in the rural areas was not a profitable proposition.a)ABC21b)12ABCc)2ABC1d)ABC12e)1ABC2Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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