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35.
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Statement: Many private sector banks
have reduced interest rate on housing loans in comparison to public sector
banks.
Courses
of Action:
I.
The
case should be raised before the regulatory authority for investigation by
the public sector banks as they cannot follow such reduction.
II.
Public
sector banks must adopt such policy to remain in competition.
III.
The
public sector banks should advertise their special feature repeatedly so that
they do not lose their future customers.
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A.
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All follow
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B.
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Only I and II follow
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C.
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Only I and III follow
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D.
|
Only either II or III
follows
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E.
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None of these
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Answer: Option D
Explanation:
Clearly, the private sector banks have done
so to attract more and more customers of public sector banks. Thus, public
sector banks should either reduce the rate of interest to match with that of
private sector banks or highlight those features which make them stand apart
from private sector banks. So, either II or III follows.
