Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer : Statement : The Reserve Bank of India has directed the banks to refuse fresh loans to major defaulters. Assumptions : I. The banks may still give loans to the defaulters. II. The defaulters may repay the earlier loan to get fresh loan. III. The banks may recover the bad loans through such harsh measures.

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : Shalini made an application to the bank for a loan of Rs. 1,80,000 by mortgaging her house to the bank and promised to repay it within five years.

Assumptions :
I. The bank has a practice of granting loans for Rs. 1,00,000 and above.
II. The bank accepts house as collateral security against such loans.

A

Only assumption I is implicit

B

Only assumption II is implicit

C

Either I or II is implicit

D

Neither I nor II is implicit

E

Both I and II are implicit

Which of the following statements are true in context of scheduled banks?
1. All banks which are included in the Second Schedule to the Reserve Bank of India Act, 1934 are Scheduled Banks.
2. These banks comprise Scheduled Commercial Banks and Scheduled Co-operative Banks.
3. Scheduled Commercial Banks in India are categorized into five different groups - SBI, Nationalised Banks, Regional Rural Banks, Foreign Banks and Other Indian Scheduled Commercial Banks in the private sector.
4. Scheduled Co-operative Banks consist of Scheduled State Co-operative Banks and Scheduled Urban Co-operative Banks.

A

1, 2 and 3

B

2, 3 and 4

C

1, 2 and 4

D

1, 2, 3 and 4

X' and 'Y' jointly take a loan, from 'Z' with promise to repay the loan amount with interest within two years. Soon after taking the loan 'X' is declared as an insolvent and remains insolvent till the date of repayment of loan. 'Y' also fails to repay the loan. 'X' on account of his status as insolvent enjoys immunity from legal proceedings. In these circumstances:

A

Z' can in law institute a suit for recovery of, only 50% of the outstanding from 'Y'

B

Z' is entitled in law to sue 'Y' alone for recovery of the entire outstanding amount

C

Z' is not entitled to sue 'Y' also for recovery of loan amount till the order of insolvency of 'X' ceases to operate

D

Z' is entitled in law to sue 'Y' for 50% of the principal amount due and the entire interest outstanding

The Reserve Bank of India has taken some initiatives to prevent a US type sub-prime Crisis in India. Which of the following is/ are such initiatives? A.Banks are adviced to set up credit counselling centres. B.Banks should stop giving housing loans to big borrowers (Asking for loans of Rs.50 lakhs and above ) C.Banks should not give loans to builders and property dealers/developers

A

Only (A)

B

Only (B)

C

Only (C)

D

All (A), (B), (C)

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : An advertisement of Bank X - "Want to open a bank account! Just dial our 'home service' and we will come at your doorsteps."

Assumptions :
I. No other bank makes available service at the doorstep of the customer.
II. People may choose Bank X for their financial transactions.
III. Nowadays banking has become very competitive.

A

Only I and II are implicit

B

Only II and III are implicit

C

Only I and III are implicit

D

All are implicit

E

None of these

Statement : It is necessary to adopt suitable measures to prevent repetition of bad debts by learning from the past experiences of mounting non-performing assets of banks.

Courses of Action :
I. Before granting loan to customers their eligibility for loan should be evaluated strictly.
II. To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis.

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

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : "Two months ago, it was announced that Central Government pensioners would get dearness relief with immediate effect but till date, banks have not credited the arrears." - A statement from a Pensioners' Forum.

Assumptions :
I. Most of the banks normally take care of the pensioners.
II. Two months time is sufficient for the government machinery to move and give effect to pensioners.

A

Only assumption I is implicit

B

Only assumption II is implicit

C

Either I or II is implicit

D

Neither I nor II is implicit

E

Both I and II are implicit

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if theyseem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement:
(I) Determination is the key to success. If a person determines to achieve a certain goal in his or her life, no one can stop him/her from achieving it.
(II) Prioritizing various determined goals is another important aspect of decision making. Conclusions:
(I) If I determine to achieve three goals in near future, my energy will get divided into three parts and I can never succeed.
(II) Making a prior plan for achieving those three things I can get near to all my goals.

A

Only conclusion II follows

B

Conclusion I and II both follow

C

Neither I nor II follow

D

Only conclusion I follows

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : The company has decided to increase the price of all its products to tackle the precarious financial position.

Assumptions :
I. The company may be able to wipe out the entire losses incurred earlier by this decision.
II. The buyers may continue to buy its products even after the increase.
III. The company has adequate resources to continue production for few more months.

A