Statement: Should there be only one rate of interest for term deposits of varying durations in banks?Arguments: No. People will refrain from keeping money for longer duration resulting into reduction of liquidity level of banks. Yes. This will be much simple for the common people and they may be encouraged to keep more money in banks.

Statement: Should there be only one rate of interest for term deposits

1.	Statement: Should there be only one rate of interest for term deposits of varying durations in banks?Arguments: No. People will refrain from keeping money for longer duration resulting into reduction of liquidity level of banks. Yes. This will be much simple for the common people and they may be encouraged to keep more money in banks.
A.	Only argument I is strong
B.	Only argument II is strong
C.	Either I or II is strong
D.	Neither I nor II is strong
E.	Both I and II are strong
Answer» B. Only argument II is strong

Discussion

No Comment Found

Related MCQs

Statement: Should workers/employees be allowed to participate in the management of factories in India?Arguments: Yes. It is the present management theory. No. Many workers are illiterate and so their contributions will not be of any value. Yes. Employees-owned companies generally have higher productivity.No. Employee-union ownership drives up salaries and wages.
Statement: Is caste-based reservation policy in professional colleges justified?Arguments: Yes. The step is a must to bring the underprivileged at par with the privileged ones. No. It obstructs the establishment of a classless society. Yes. This will help the backward castes and classes of people to come out of the oppression of upper caste people.
Statement: Should the rule of wearing helmet for both driver and pillion rider while driving a motor bike be enforced strictly?Arguments: Yes. It is a rule and rules should be followed strictly by all. No. Each individual knows how to protect his own life and it should be left to his discretion. No. It does not ensure safety as only the head is protected and rest of the body is not.Yes. It is a necessity as head, being the most sensitive organ, is protected by the helmet.
Statement: Should all the school teachers be debarred from giving private tuitions?Arguments: No. The needy students will be deprived of the expertise of these teachers. Yes. This is an injustice to the unemployed educated people who can earn their living by giving tuitions. Yes. Only then the quality of teaching in schools will improve.Yes. Now salary of these teachers is reasonable.
Statement: Should trade unions be banned completely?Arguments: Yes. Workers can concentrate on production. No. This is the only way through which employees can put their demands before the management. Yes. Employees get their illegal demands fulfilled through these unions.No. Trade unions are not banned in other economically advanced countries.
Statement: Should seniority be the only criterion for the promotion?Arguments: No. It would be an injustice to those juniors who are more deserving and suitable for higher positions than their senior counterparts. Yes. Otherwise senior employees do feel humiliated. Yes. Senior employees are more experienced and must be rewarded for the same.
Statement: Should there be a total ban on tobacco products and smoking in India?Arguments: Yes. It is wrong to smoke away millions of money. No. It will throw thousands of workers in the tobacco industry out of employment. No. The government will lose huge amount of money as it will not earn by way of taxes on these products.
Statement: Should all the indirect taxes in India be combined into a single tax on all commodities?Arguments: Yes. This will considerably simplify the tax collection mechanism and the cost of collecting tax will also reduce. Yes. The manufacturers and traders will be benefited by this which in turn will boost tax collection. No. No other country has adopted such system.
Statement: Should the number of holidays of government employees be reduced?Arguments: Yes. Our government employees are having the maximum number of holidays among the countries of the world. Yes. It is a sign of British legacy, why should we carry it further? Yes. It will speed up work and all the pending jobs can be completed well in time.No. Employees must be given ample spare time to spend with their family.
Statement: Should all the profit making public sector units be sold to private companies?Arguments: Yes. This will help the government to augment its resources for implementing the development programmes. No. The private companies will not be able to run these units effectively. Yes. There will be a significant improvement in the quality of services.No. There would not be job security for the employees at all the levels.

Discussion

No Comment Found

Related MCQs

Reply to Comment