1.

Statement
A large private bank has decided to retrench one-third of its employees in view of the huge losses incurred it during the past three quarters.
Courses of Action
I. The Government should issue a notification to general public to immediately stop all transactions with the bank.
II. The Government should direct the bank to refrain from retrenching its employees.
III. The Government should ask the central bank of the country to initiate an inquiry into the bank's activities and submit its report.

A. None follows
B. Only I foloows
C. Only II follows
D. Only III follows
Answer» E.


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