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Direction: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.
Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.
Conclusions:
I. The scheduled commercial banks are the most significant category in India's banking system.
II. India is planning to expand its banking network.
  • a)
    Only I follows
  • b)
    Only II follows
  • c)
    Both I and II follow
  • d)
    Neither I nor II follows
  • e)
    Either I or II folllows
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Direction: In each of the following question, statement is given foll...
The statement tells us that the Indian banking system has multiple tiers comprising various types of banks. However, the significance of the categories is not discussed in the statement. Therefore, statement I does not follow.
The statement does not discuss India's plans of expansion of its banking network either. Thus, statement II does not follow.
Thus, "neither I nor II follows" is the correct answer.
Hence, the correct option is (D).
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Direction: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. Can you explain this answer?
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Direction: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. 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: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. 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: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Direction: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. 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: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Direction: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Direction: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions can be drawn definitely from the given statement.Statement: The banking system in India has four tiers: (a) scheduled commercial banks, (b) regional rural banks, (c) co-operative banks, (d) payment banks and small finance banks.Conclusions:I. The scheduled commercial banks are the most significant category in India's banking system.II. India is planning to expand its banking network.a)Only I followsb)Only II followsc)Both I and II followd)Neither I nor II followse)Either I or II folllowsCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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