Statement : The Government has decided to instruct the banks to open new branches in such a way that there is one branch of any of the banks in every 'village of population 1000 and above or a cluster of villages with population less than 1000 to provide banking services to all the citizens. Which of the following will weaken the step taken by the Government ? (a) The private sector banks in India have stepped up their branch expansion activities in rural India (b) Many Government owned banks have surplus man-power in its urban branches (c) All the banks including those in private sector will follow the government directive (d) Large number of branches of many government owned banks in the rural areas are making huge losses every year due to lack of adequate business activities

Options

A. The private sector banks in India have stepped up their branch expansion activities in rural India
B. Many Government owned banks have surplus man-power in its urban branches
C. All the banks including those in private sector will follow the government directive
D. Large number of branches of many government owned banks in the rural areas are making huge losses every year due to lack of adequate business activities

Answer

D

Explanation

Larger number of branches of many government owned banks in the rural areas making huge losses every year due to lack of adequate business activities.