Discussion :: Course of Action
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Statement: It is necessary to adopt suitable measures to prevent repetition of bad debts by learning from the past experiences of mounting non-performing assets of banks.
Courses of Action:
- Before granting loan to customers their eligibility for loan should be evaluated strictly.
- To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis.
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A.
Only I follows
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B.
Only II follows
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C.
Either I or II follows
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D.
Neither I nor II follows
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E.
Both I and II follow
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Answer : Option E
Explanation :
To ensure that debts taken are repaid promptly, the customer's requirements and future prospects ought to be studied and their work constantly checked. Thus, both the courses follow.
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