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In this type of questions, a statement is given followed by two courses of action numbered I and II. The candidate is required to grasp the statement, analyse the problem or policy it mentions and then decide which of the courses of action logically follows.
Statement: Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.
Courses of action:
I. The officers concerned in the commercial banks are to be suspended.
II. The RBI should be asked to stop giving such directives to commercial banks.
  • a)
    if only I follows
  • b)
    if only II follows
  • c)
    if either I or II follows
  • d)
    if neither I nor II follows
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
In this type of questions, a statement is given followed by two course...
The statement mentions that the commercial banks violate a directive issued by the RBI. The remedy is only to make the banks implement the Act. So, none of the courses follows.
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In this type of questions, a statement is given followed by two courses of action numbered I and II. The candidate is required to grasp the statement, analyse the problem or policy it mentions and then decide which of the courses of action logically follows.Statement:Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.Courses of action:I. The officers concerned in the commercial banks are to be suspended.II. The RBI should be asked to stop giving such directives to commercial banks.a)if only I followsb)if only II followsc)if either I or II followsd)if neither I nor II followsCorrect answer is option 'D'. Can you explain this answer?
Question Description
In this type of questions, a statement is given followed by two courses of action numbered I and II. The candidate is required to grasp the statement, analyse the problem or policy it mentions and then decide which of the courses of action logically follows.Statement:Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.Courses of action:I. The officers concerned in the commercial banks are to be suspended.II. The RBI should be asked to stop giving such directives to commercial banks.a)if only I followsb)if only II followsc)if either I or II followsd)if neither I nor II followsCorrect 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 In this type of questions, a statement is given followed by two courses of action numbered I and II. The candidate is required to grasp the statement, analyse the problem or policy it mentions and then decide which of the courses of action logically follows.Statement:Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.Courses of action:I. The officers concerned in the commercial banks are to be suspended.II. The RBI should be asked to stop giving such directives to commercial banks.a)if only I followsb)if only II followsc)if either I or II followsd)if neither I nor II followsCorrect 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 In this type of questions, a statement is given followed by two courses of action numbered I and II. The candidate is required to grasp the statement, analyse the problem or policy it mentions and then decide which of the courses of action logically follows.Statement:Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post shipment export credit denominated in foreign currency at international rates from January this year.Courses of action:I. The officers concerned in the commercial banks are to be suspended.II. The RBI should be asked to stop giving such directives to commercial banks.a)if only I followsb)if only II followsc)if either I or II followsd)if neither I nor II followsCorrect answer is option 'D'. Can you explain this answer?.
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