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Two statements numbered 1 and 2 are given in the question. There may be a cause-effect relationship between the given statements. The 2 statements may be an effect of the same cause or the two statements can be independent causes themselves. Choose the appropriate option as your answer.
Q. Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.
Statement 2: Most small banks have decided to merge into large single entities.
- a)Statement 1 is the cause and statement 2 is its effect.
- b)Statement 2 is the cause and statement 1 is its effect.
- c)Both the statements 1 and 2 are independent causes.
- d)Both the statements 1 and 2 are effects of independent causes.
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Two statements numbered 1 and 2 are given in the question. There may ...
Since most of the small banks are merging, the number of vacancies has reduced by a sharp margin. Hence, option B is the right answer.
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Two statements numbered 1 and 2 are given in the question. There may ...
Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.
Statement 2: Most small banks have decided to merge into large single entities.
The correct answer is option B: Statement 2 is the cause and statement 1 is its effect.
Explanation:
Cause and Effect Relationship:
Statement 2 is the cause and statement 1 is its effect. This means that the decision of most small banks to merge into large single entities has led to a reduction in the number of vacancies at various banks.
Reasoning:
1. The reduction in the number of vacancies at various banks can be attributed to the decision of small banks to merge into large single entities. This is because when small banks merge into larger entities, there is often a consolidation of operations and resources. This consolidation can lead to job redundancies and a lesser need for new vacancies.
2. When small banks merge, there is a consolidation of branches, departments, and functions. This leads to a streamlining of operations and a reduction in the need for duplicate job roles. As a result, there is a decrease in the number of vacancies at the merged entity.
3. The decision of small banks to merge into larger entities is often driven by factors such as cost-cutting, increased efficiency, and improved competitiveness. By merging, small banks can pool their resources, share infrastructure, and reduce operational costs. This can help them compete better with larger banks in the market.
4. However, this decision to merge also has an impact on the job market. The consolidation of operations and resources means that there is a reduced need for new vacancies. The merged entity can operate with fewer employees, as some job roles become redundant or are no longer required.
5. Therefore, the reduction in the number of vacancies at various banks can be directly attributed to the decision of small banks to merge into large single entities. This cause-effect relationship indicates that statement 2 is the cause and statement 1 is its effect.
Statement 2: Most small banks have decided to merge into large single entities.
The correct answer is option B: Statement 2 is the cause and statement 1 is its effect.
Explanation:
Cause and Effect Relationship:
Statement 2 is the cause and statement 1 is its effect. This means that the decision of most small banks to merge into large single entities has led to a reduction in the number of vacancies at various banks.
Reasoning:
1. The reduction in the number of vacancies at various banks can be attributed to the decision of small banks to merge into large single entities. This is because when small banks merge into larger entities, there is often a consolidation of operations and resources. This consolidation can lead to job redundancies and a lesser need for new vacancies.
2. When small banks merge, there is a consolidation of branches, departments, and functions. This leads to a streamlining of operations and a reduction in the need for duplicate job roles. As a result, there is a decrease in the number of vacancies at the merged entity.
3. The decision of small banks to merge into larger entities is often driven by factors such as cost-cutting, increased efficiency, and improved competitiveness. By merging, small banks can pool their resources, share infrastructure, and reduce operational costs. This can help them compete better with larger banks in the market.
4. However, this decision to merge also has an impact on the job market. The consolidation of operations and resources means that there is a reduced need for new vacancies. The merged entity can operate with fewer employees, as some job roles become redundant or are no longer required.
5. Therefore, the reduction in the number of vacancies at various banks can be directly attributed to the decision of small banks to merge into large single entities. This cause-effect relationship indicates that statement 2 is the cause and statement 1 is its effect.
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Two statements numbered 1 and 2 are given in the question. There may be a cause-effect relationship between the given statements. The 2 statements may be an effect of the same cause or the two statements can be independent causes themselves. Choose the appropriate option as your answer.Q. Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.Statement 2: Most small banks have decided to merge into large single entities.a)Statement 1 is the cause and statement 2 is its effect.b)Statement 2 is the cause and statement 1 is its effect.c)Both the statements 1 and 2 are independent causes.d)Both the statements 1 and 2 are effects of independent causes.Correct answer is option 'B'. Can you explain this answer?
Question Description
Two statements numbered 1 and 2 are given in the question. There may be a cause-effect relationship between the given statements. The 2 statements may be an effect of the same cause or the two statements can be independent causes themselves. Choose the appropriate option as your answer.Q. Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.Statement 2: Most small banks have decided to merge into large single entities.a)Statement 1 is the cause and statement 2 is its effect.b)Statement 2 is the cause and statement 1 is its effect.c)Both the statements 1 and 2 are independent causes.d)Both the statements 1 and 2 are effects of independent causes.Correct answer is option 'B'. 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 Two statements numbered 1 and 2 are given in the question. There may be a cause-effect relationship between the given statements. The 2 statements may be an effect of the same cause or the two statements can be independent causes themselves. Choose the appropriate option as your answer.Q. Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.Statement 2: Most small banks have decided to merge into large single entities.a)Statement 1 is the cause and statement 2 is its effect.b)Statement 2 is the cause and statement 1 is its effect.c)Both the statements 1 and 2 are independent causes.d)Both the statements 1 and 2 are effects of independent causes.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Two statements numbered 1 and 2 are given in the question. There may be a cause-effect relationship between the given statements. The 2 statements may be an effect of the same cause or the two statements can be independent causes themselves. Choose the appropriate option as your answer.Q. Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.Statement 2: Most small banks have decided to merge into large single entities.a)Statement 1 is the cause and statement 2 is its effect.b)Statement 2 is the cause and statement 1 is its effect.c)Both the statements 1 and 2 are independent causes.d)Both the statements 1 and 2 are effects of independent causes.Correct answer is option 'B'. Can you explain this answer?.
Two statements numbered 1 and 2 are given in the question. There may be a cause-effect relationship between the given statements. The 2 statements may be an effect of the same cause or the two statements can be independent causes themselves. Choose the appropriate option as your answer.Q. Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.Statement 2: Most small banks have decided to merge into large single entities.a)Statement 1 is the cause and statement 2 is its effect.b)Statement 2 is the cause and statement 1 is its effect.c)Both the statements 1 and 2 are independent causes.d)Both the statements 1 and 2 are effects of independent causes.Correct answer is option 'B'. 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 Two statements numbered 1 and 2 are given in the question. There may be a cause-effect relationship between the given statements. The 2 statements may be an effect of the same cause or the two statements can be independent causes themselves. Choose the appropriate option as your answer.Q. Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.Statement 2: Most small banks have decided to merge into large single entities.a)Statement 1 is the cause and statement 2 is its effect.b)Statement 2 is the cause and statement 1 is its effect.c)Both the statements 1 and 2 are independent causes.d)Both the statements 1 and 2 are effects of independent causes.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Two statements numbered 1 and 2 are given in the question. There may be a cause-effect relationship between the given statements. The 2 statements may be an effect of the same cause or the two statements can be independent causes themselves. Choose the appropriate option as your answer.Q. Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.Statement 2: Most small banks have decided to merge into large single entities.a)Statement 1 is the cause and statement 2 is its effect.b)Statement 2 is the cause and statement 1 is its effect.c)Both the statements 1 and 2 are independent causes.d)Both the statements 1 and 2 are effects of independent causes.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Two statements numbered 1 and 2 are given in the question. There may be a cause-effect relationship between the given statements. The 2 statements may be an effect of the same cause or the two statements can be independent causes themselves. Choose the appropriate option as your answer.Q. Statement 1: The number of vacancies at various banks has reduced sharply as compared to last year.Statement 2: Most small banks have decided to merge into large single entities.a)Statement 1 is the cause and statement 2 is its effect.b)Statement 2 is the cause and statement 1 is its effect.c)Both the statements 1 and 2 are independent causes.d)Both the statements 1 and 2 are effects of independent causes.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT.
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