Should I Take Education Loan from Indian Bank? #Shorts

A recent rate cut in the interest on loans announced by the banks encouraged Amit a science student of Progressive School to take a loan from State Bank of India to experiment and develop cars to be powered by fuel produced from garbage. He developed such a car and exhibited it in the Science Fair organised by Directorate of Education He was awarded first prize for his invention Identify and explain the dimensions of business environment discussed in the above case.

Target group of education loans is:-

Loans to individuals for educational purpose including vocational courses up to ____ for studies in India and ___ for studies abroad are included under priority sector lending by banks

In a given statement followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement, Give answer 1) if only assumption I is implicit 2) if only assumption II is implicit 3) if either I or II is implicit 4) if neither I nor II is implicit 5) if both I and II are implicit Statement : An advertisement by bank X - 'Our interest rates for education loans are lower than those of any other bank.' Assumptions : I. Some other banks also provides education loans II. Interest rates charged on education loans are different for different banks.

Many medical and engineering graduates are taking up jobs in administrative services and in banks. Courses of action I. All the professionals should be advised to refrain from taking up such jobs. II. The government should appoint a committee to find out the reasons for these professionals taking up such jobs and to suggest remedial measures.