

Statement and Argument - Verbal and Reasoning
Directions to SolveEach question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong' argument and which is a 'weak' argument.Give answer:
- (A) If only argument I is strong
- (B) If only argument II is strong
- (C) If either I or II is strong
- (D) If neither I nor II is strong and
- (E) If both I and II are strong.
Q1: Statement: Should there be only one rate of interest for term deposits of varying durations in banks?
Arguments:
A
Only argument I is strong
B Only argument II is strong
C
Either I or II is strong
D
Neither I nor II is strong
E
Both I and II are strong
ANS:A - Only argument I is strong Explanation: Clearly, the proposed scheme would discourage people from keeping deposits for longer durations (the rate of interest being the same for short durations) and not draw in more funds. So, only argument I holds. |


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