1.

Statement:Governor of Reaserve Bank of India has slashed the cash reserve ration (CRR) by a massive 200 basis points form 7.50 per cent to 5.50 per cent. Conclusions :I. This measure will Kickstart the sluggish economy.II. The lendable resources of the banking sector will increase to some extent.

A. if only conclusion I follows
B. if only conclusion II follows
C. if either I or II follows
D. if neither I nor II follows, and
E. if both I and II follow
Answer» C. if either I or II follows


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