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Statement : A large private bank has dec...

Statement : A large private bank has decided to retrench one-third of its employees in view of the huge losses incurred by it during the past three quarters.
Courses of action :
(A) The government should issue a notification to general public to immediately stop all transactions with the bank .
(B) The government should direct the bank to refrain from retreching its employees.
(C) The government should ask the central bank of the country to initiate an enquiry into the bank's activities and submit its report.

A

None

B

only (A)

C

only (B)

D

only (C)

Text Solution

Verified by Experts

The correct Answer is:
A

None of course of action is feasible because the government cannot interfere in bank's interal matter but the governement can componsate the huge losser incurred by bank.
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