Question:
Statements.
I. The local co-operative credit society has decided to stop giving loans to farmers with immediate effect.
II. A large number of credit society members have withdrawn major parts of their deposits from the credit society.
This questions has a statement followed by two Conclusions I and II. Consider the statement and the following conclusions.Decide which of the conclusions follows from the statement.
Statements.
I. The local co-operative credit society has decided to stop giving loans to farmers with immediate effect.
II. A large number of credit society members have withdrawn major parts of their deposits from the credit society.
This questions has a statement followed by two Conclusions I and II. Consider the statement and the following conclusions.Decide which of the conclusions follows from the statement.
I. The local co-operative credit society has decided to stop giving loans to farmers with immediate effect.
II. A large number of credit society members have withdrawn major parts of their deposits from the credit society.
This questions has a statement followed by two Conclusions I and II. Consider the statement and the following conclusions.Decide which of the conclusions follows from the statement.
Updated On: Sep 23, 2024
- if Statement I is the cause and Statement II is its effect
- if Statement II is the cause and Statement I is its effect
- if both the Statements I and II are effects of independent causes
- if both the Statements I and II are effects of some common cause
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The Correct Option is B
Solution and Explanation
Since most of the deposits are withdrawn by members of the society , there will be shortage of cash deposits , which is why credit society has decided to stop giving loans to farmers with immediate effect.
So the correct option is (B) : .
So the correct option is (B) : .
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