Logical Reasoning - Course of Action - Discussion
Discussion Forum : Course of Action - Section 1 (Q.No. 4)
Directions to Solve
In each question below is given a statement followed by two courses of action numbered I and II. You have to assume everything in the statement to be true and on the basis of the information given in the statement, decide which of the suggested courses of action logically follow(s) for pursuing.
Give answer
- (A) If only I follows
- (B) If only II follows
- (C) If either I or II follows
- (D) If neither I nor II follows
- (E) If both I and II follow.
4.
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:
- The officers concerned in the commercial banks are to be suspended.
- The RBI should be asked to stop giving such directives to commercial banks.
Answer: Option
Explanation:
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.
Discussion:
14 comments Page 1 of 2.
Fama said:
4 years ago
I think the right answer should be option A.
(3)
Nayan said:
5 years ago
I think the answer is A because it is written that " officers concerned" which states that they are responsible for the violation and thus, should be suspended.
(1)
Ojas said:
5 years ago
The Right answer is D.
RBI is the head itself which set norms in the welfare of the economy.
And suspend of officers is a harsh action.
RBI is the head itself which set norms in the welfare of the economy.
And suspend of officers is a harsh action.
(1)
Kosecsy Pachipulusula said:
2 years ago
The officers concerned in the commercial banks are to be suspended.
This course of action seems too extreme as the first step. Instead of immediate suspension, an investigation into the alleged violations could be conducted to determine the extent of non-compliance. If found guilty, appropriate disciplinary action, including suspension, could be taken against the responsible officers.
The RBI should be asked to stop giving such directives to commercial banks.
This course of action does not directly address the issue of alleged violations by commercial banks. Instead of stopping directives, a better approach might be for the concerned parties to engage in dialogue to understand the reason behind the alleged violations and work towards a resolution that ensures compliance with the RBI directive.
It's important to address the root cause of the problem and work towards a solution that ensures compliance with regulatory directives while also addressing any potential issues faced by commercial banks in implementing the directive.
This course of action seems too extreme as the first step. Instead of immediate suspension, an investigation into the alleged violations could be conducted to determine the extent of non-compliance. If found guilty, appropriate disciplinary action, including suspension, could be taken against the responsible officers.
The RBI should be asked to stop giving such directives to commercial banks.
This course of action does not directly address the issue of alleged violations by commercial banks. Instead of stopping directives, a better approach might be for the concerned parties to engage in dialogue to understand the reason behind the alleged violations and work towards a resolution that ensures compliance with the RBI directive.
It's important to address the root cause of the problem and work towards a solution that ensures compliance with regulatory directives while also addressing any potential issues faced by commercial banks in implementing the directive.
(1)
Aman Preet Singh said:
1 decade ago
Dear Friends,
I think the right answer is A. Beacuse in the statement it is said that commercial bank is voilating directives means they know the directive but not following it. So cncerened person should be punished for voilating directives. Please give me feedback on my view.
I think the right answer is A. Beacuse in the statement it is said that commercial bank is voilating directives means they know the directive but not following it. So cncerened person should be punished for voilating directives. Please give me feedback on my view.
Chandramohan said:
1 decade ago
I also think the answer is A because the commercial bank is not following the reserve bank directive.
Arnab Das said:
1 decade ago
I also think the answer is A. Because if the persons not following the guidelines are not fired then no one will follow the directives. The directives will only be followed by banks when action will be taken on people who do not follow the rules. In this case suspension is a good action against violators of the RBI. So I think A is the right answer.
Swagat said:
1 decade ago
I think it should be C because either the officials must be suspended for violating the RBI directive or the RBI should stop giving such directive if the commercial banks are free to not follow it.
Swapnil said:
1 decade ago
As per my understanding answer should (B). As Reserve bank has right to ask to stop giving such directives to commercial banks.
As far as (A) is concerned bank can not suspend the concerned officers without giving warning letters. So only (B) is valid answer.
What do you think guys?
As far as (A) is concerned bank can not suspend the concerned officers without giving warning letters. So only (B) is valid answer.
What do you think guys?
Balaji said:
10 years ago
In this case, Commercial bank could have made a call to violate RBI directive. Hence suspending the officers may not be relevant, secondly the statement doesn't talk about any authority hence D is correct.
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