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Directions: In the question below, a statement is given followed by two courses of action, numbered I and II. Course of action is a step or administrative decision to be taken for improvement, follow-up or further action with 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, and decide which of the two given suggested courses of action logically follows for pursuing.
Statement: Exporters in the capital are alleging that commercial banks have been violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international interest rates since January this year.
Courses of Action:
I. The officers concerned in the commercial bank are to be suspended.
II. The RBI should be asked to stop giving such directives to commercial banks.
  • a)
    I only
  • b)
    II only
  • c)
    Both I and II
  • d)
    Neither I nor II
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Directions: In the question below, a statement is given followed by t...
Course of action I is too drastic. Exporters are pointing fingers, but nothing has been proved. Course of action II is ridiculous.
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Directions: In the question below, a statement is given followed by two courses of action, numbered I and II. Course of action is a step or administrative decision to be taken for improvement, follow-up or further action with 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, and decide which of the two given suggested courses of action logically follows for pursuing.Statement: Exporters in the capital are alleging that commercial banks have been violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international interest rates since January this year.Courses of Action:I. The officers concerned in the commercial bank are to be suspended.II. The RBI should be asked to stop giving such directives to commercial banks.a)I onlyb)II onlyc)Both I and IId)Neither I nor IICorrect answer is option 'D'. Can you explain this answer?
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Directions: In the question below, a statement is given followed by two courses of action, numbered I and II. Course of action is a step or administrative decision to be taken for improvement, follow-up or further action with 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, and decide which of the two given suggested courses of action logically follows for pursuing.Statement: Exporters in the capital are alleging that commercial banks have been violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international interest rates since January this year.Courses of Action:I. The officers concerned in the commercial bank are to be suspended.II. The RBI should be asked to stop giving such directives to commercial banks.a)I onlyb)II onlyc)Both I and IId)Neither I nor IICorrect answer is option 'D'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: In the question below, a statement is given followed by two courses of action, numbered I and II. Course of action is a step or administrative decision to be taken for improvement, follow-up or further action with 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, and decide which of the two given suggested courses of action logically follows for pursuing.Statement: Exporters in the capital are alleging that commercial banks have been violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international interest rates since January this year.Courses of Action:I. The officers concerned in the commercial bank are to be suspended.II. The RBI should be asked to stop giving such directives to commercial banks.a)I onlyb)II onlyc)Both I and IId)Neither I nor IICorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the question below, a statement is given followed by two courses of action, numbered I and II. Course of action is a step or administrative decision to be taken for improvement, follow-up or further action with 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, and decide which of the two given suggested courses of action logically follows for pursuing.Statement: Exporters in the capital are alleging that commercial banks have been violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international interest rates since January this year.Courses of Action:I. The officers concerned in the commercial bank are to be suspended.II. The RBI should be asked to stop giving such directives to commercial banks.a)I onlyb)II onlyc)Both I and IId)Neither I nor IICorrect answer is option 'D'. Can you explain this answer?.
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