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3.
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Statements: Government has spoiled
many top ranking financial institutions by appointing bureaucrats as
Directors of these institutions.
Conclusions:
I.
Government
should appoint Directors of the financial institutes taking into
consideration the expertise of the person in the area of finance.
II.
The
Director of the financial institute should have expertise commensurate with
the financial work carried out by the institute.
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A.
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Only conclusion I
follows
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B.
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Only conclusion II
follows
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C.
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Either I or II follows
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D.
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Neither I nor II
follows
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E.
|
Both I and II follow
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Answer: Option E
Explanation:
According to the statement, Government has
spoiled financial institutions by appointing bureaucrats as Directors. This
means that only those persons should be appointed as Directors who are experts
in finance and are acquainted with the financial work of the institute. So,
both I and II follow.