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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 : I. Before granting loan to customers their eligibility for loan should be evaluated strictly. II. To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis.

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 : I. Before granting loan to customers their eligibility for loan should be evaluated strictly. II. To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis. Correct Answer Both I and II follow

Answer: Option 5

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.

Related Questions

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 :
I. Before granting loan to customers their eligibility for loan should be evaluated strictly.
II. To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: Top lenders to power projects including State Bank of India, Punjab National Bank, Power Finance Corp and others have agreed to decide the fate of a dozen stressed assets totaling about 13,000 MW by October 10. At a meeting between lenders and top government officials late on Thursday, large lenders explained risks of moving power projects to insolvency court to disagreeing banks, most of which have smaller exposures, and sought to arrive upon a decision before the set deadline. Courses of action: I. Lenders were informed about rising electricity demand and measures being proposed by the high level empowered committee that is working to address issues related to fuel, discom payment delays and regulatory approvals.  II. Banks with lesser exposure to stressed assets in power sector have been asked to come together and decide either to agree with the resolution plan or refer the projects to bankruptcy court rather than dilly-dallying. III. However, if the resolution plans are decided, it can create a favorable ground before the court to salvage at least some of these good operational assets from insolvency proceedings.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: The India Risk Survey 2017 report ranks 'Information & Cyber Insecurity' as the biggest risk facing Indian companies. Indian organizations, both public and private, had witnessed over 27,000 incidents of security threat, from January 2017 till June 2017 alone. Phishing, scanning/probing, website intrusions and defacements, virus/malicious code, ransomware, Denial of Service attacks, and data breaches are some ways in which hackers attack business websites, which can cause operational disruptions and potentially steal sensitive information. Small and medium businesses (SMBs), unfortunately, have been seeing rising incidences of cybercrime. In fact, 70 percent of cyberattacks occur at organizations with lesser than 100 employees  Courses of action: I. Mandate basic security practices and policies for all employees, such as 2-factor authentication, internet use guidelines and create and enforce rules on handling and protecting sensitive data. Conduct frequent training to sensitize employees about opening suspicious emails, encrypting their data, using strong passwords on their devices, installing security apps, and limiting activity over public Wi-Fi. Implement and enforce incident reporting to help ensure that even the smallest breach is report to management as well as the IT teams. II. Basics still matter and are some of the best defenses against viruses, malware, and other online threats. Assess the assets that are most at risk - data, servers, network - and ensure that the systems are updated with the latest security software, web browser, and operating system. Implement firewall security and run antivirus software after each update.  III. Ensure regular backup of all critical data - whether stored in-house or on the cloud. Run scheduled attack drills and stress tests to identify vulnerabilities and ensure that data restoration and business continuity are executed as planned.
Which of the following statements are true in context of scheduled banks?
1. All banks which are included in the Second Schedule to the Reserve Bank of India Act, 1934 are Scheduled Banks.
2. These banks comprise Scheduled Commercial Banks and Scheduled Co-operative Banks.
3. Scheduled Commercial Banks in India are categorized into five different groups - SBI, Nationalised Banks, Regional Rural Banks, Foreign Banks and Other Indian Scheduled Commercial Banks in the private sector.
4. Scheduled Co-operative Banks consist of Scheduled State Co-operative Banks and Scheduled Urban Co-operative Banks.
Statement : Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks.

Courses of Action :
I. The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction.
II. Public sector banks must adopt such policy to remain in competition.
III. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: Soon you would not need to carry original copies of all vehicle papers like driving licence, vehicle registration certificate, insurance, pollution certificate or the permits issued to commercial vehicles with you. According to a ToI report, the Centre plans to amend Motor Vehicles Rules to make it legal for any citizen to carry digital vehicle documents and simultaneously making it compulsory for traffic police to accept digital version of documents. This means that you would not have to carry physical papers in your vehicle as digital copies of the certificates would be valid.  Courses of action: I. The ministry has proposed installation of FASTags on the front windscreens. FASTag is a device that uses radio frequency identification (RFID) technology for making toll payments directly from the user account.  II. To avail the facility, one has to store all the vehicle documents on the government's cloud-based service DigiLocker and when asked he/she can simply display the stored certificates on a smartphone or any other digital devices. These digital copies can be shared with other departments as identity and address proof.  III. The government has increased the maximum load carrying capacity of heavy vehicles, including trucks, by 20-25 per cent besides scrapping the mandatory annual renewal of fitness certificates for freight carriers. Fitness certificates for trucks would now be renewed in every two years not annually.  Which of the following course/courses of action can be said to be said to be a rudimentary course/courses of action?
In the question below, a statement followed by two courses of actions numbered I and II are given. A course of action is a step or administrative decision to be taken for improvement, follow-up or further action in regard to the problem, policy, etc. On the basis of the information given in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: The number of cases of sexual harassment against women has increased in the workplaces. Courses of action: I. More strict rules regarding the safety of women must be made like they must be provided with cab services, especially for night shifts employees. II. Regular meeting with the women employees to ensure the treatment of male employees towards them and strict actions must be taken against anyone found guilty.
In the question below, a passage is given followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Passage: India has witnessed a rising trend in online banking frauds. Both the absolute number of frauds and the cumulative amount involved have been steadily increasing despite repeated awareness campaigns undertaken by banks and the RBI over the years through social media, SMS and E-mails. This poses a serious challenge to the safety of the digital ecosystem and thus the digital economy concept. Courses of action:  I. The government must set up an Insurance agency to reimburse the amount lost on online frauds. All online banking customers must be asked to pay a premium for the same. II. RBI must come up with a comprehensive mechanism for Banks to evaluate the Online Banking Knowledge of the customer before giving them such products. III. RBI must make it easier to report online frauds and more customers must be encouraged to file complaints on Online Banking frauds.
In the question below is given a statement followed by two courses of actions numbered I and II. A course of action is a step or administrative decision to be taken for improvement, follow-up or further action in regard to the problem, policy, etc. On the basis of the information given in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: The wastage of water is discouraged by all the nations across the globe. The water table is depleting and it is claimed that by 2050, there will be an acute shortage of water. Measures to harvest rainwater are being encouraged.  Courses of action: I. The amount of water to be used in households should be limited by all governments.  II. All domestic households should be advised to install rainwater harvesting systems and reuse of water should be promoted.
Read the given statement and courses of action carefully. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. Assuming that the information given in the statement is true, decide which of the given courses of action logically follow(s) from the statement. Statement: Some serious and substantial mistakes were found in the financial account statements of a private limited company. Courses of Action: I: A team of experts should be assigned to find the root cause of the mistakes in the accounts of the private limited company and suggest remedial action II: All the involved employees should be thoroughly investigated.