CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Statement Government has spoiled many top ranking financial institutions by appointing bureaucrats as directors of these institutions.
Conclusions
I. Government should appoint directors of the financial institutes taking into consideration the expertise of the person in the area of finance.
II. The director of the financial institute should have expertise commensurate with the financial work carried out by the institute.

A
Only I follows
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Only II follows
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Both I and II follow
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Neither I not II follows
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Both I and II follow
According to the statement , Government has spoiled financial institutions by appointing bureaucrats as directors. This means that only those persons should be appointed as director who are experts in finance and are acquainted with the financial work of institute . So , both I and II follow.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Sources of Finance II
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon