In each question below is given a statement followed by two course of action numbered I and II . A course of action is a step or administrative decision to be taken for improvement , follow up or further action in regard to the problem policy etc. On the basis of the information given the statement you have to assume everything given in the statement to true and then decide which of the suggested course of action logically followers for pursuing . Given answer .
Statement: Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks.
Course of Action:
I. The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction.
II. Public sector banks must adopt such policy to remain in competition.
III. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers.

Options

A. All follow
B. Only I and II follow
C. Only I and III follow
D. Only either II or III follows

Answer

D

Explanation

Either II or III follows because both are preventive courses of action which public sector bank must follow to remain in competition .