E-PolyLearning

Discussion Forum

Que. 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.
a. None is implicit
b. Only I and II are implicit
c. All are implicit
d. Only II and III are implicit
Correct Answer:All are implicit
Confused About the Answer? Ask fellow aspirants for Details Here
Already Know Explanation? Add it Here to help others.

More Questions Like this:



View All Questions on: Statement and Assumption