66) Assertion (A)– In India’s case of twin balance sheet problem, the consequences on banking system has been Modest

Reasoning (R) – The Bulk of the problem has been concentrated on public sector banks, which are backed by the government, whose resources are sufficient to deal with NPA problem

a) Both A & R are correct, and R is the correct explanation of A

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b) Both A & R are correct, but R is not the correct explanation of A

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c) A is true, R is false

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d) A is false, R is true

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Solution

The correct option is A
a) Both A & R are correct, and R is the correct explanation of A

66 Ans A

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Similar questions

Q20. Consider the following statements:

1. Public Sector Asset Rehabilitation Agency (PARA) is being setup to deal with India’s twin balance sheet problem.

2. Twin Balance Sheet Problem (TBS) deals with two balance sheet problems. One with Indian companies and the other with Indian Banks.

Which of the statements are correct?

Q. The Government of India has been emphasizing on limiting the number of public sector banks and creating greater scope for the expansion of the private sector commercial banks. Give three positive aspects and two negative aspects of such a policy.

Public sector banks are those in which the government has a major stake and they usually need to emphasise on ___________ objectives than on profitability.

Public sector banks are those where the government has a major stake.

I: The Reserve Bank of India has recently put restrictions on few small banks in the country.

II: The small banks in the private and co-operative sector in India are not in a position to withstand the competitions of the bigger banks in the public sector.

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The correct option is A a) Both A & R are correct, and R is the correct explanation of A 66 Ans A

The correct option is A
a) Both A & R are correct, and R is the correct explanation of A

66 Ans A