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. Only I follows
B. Only II follows
C. Either I or II follows
D. Neither I nor II follows
E. Both I and II follow
Answer: Option D
Solution(By Examveda Team)
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.This Question Belongs to Competitive Reasoning >> Course Of Action
Related Questions on Course of Action
A. Only I follows
B. Only II follows
C. Either I or II follows
D. Neither I nor II follows
E. Both I and II follow
A. Only I follows
B. Only II follows
C. Either I or II follows
D. Neither I nor II follows
E. Both I and II follow
A. Only I follows
B. Only II follows
C. Either I or II follows
D. Neither I nor II follows
E. Both I and II follow
A. Only I follows
B. Only II follows
C. Either I or II follows
D. Neither I nor II follows
E. Both I and II follow
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