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Q39)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 A large number of credit society members have withdrawn major part of their deposits from the credit society.


A

If statement I is the cause and statement II is its effect;

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B

If statement II is the cause and statement I is its effect;

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C

If both the statements I and II are independent causes;

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D

If both the statements I and II are effects of independent causes; and

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Solution

The correct option is B

If statement II is the cause and statement I is its effect;


Ans:39)(b)Clearly, withdrawal of funds by society members is bound to reduce the lending power of the society.


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