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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 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. Correct Answer All except III 

A course of action is something that needs to be done considering the present scenario in mind.

The given context deals with the fact of Top lenders to power projects including State Bank of India, Punjab National Bank, Power Finance Corp and others are planning to decide the fate of a dozen stressed assets totaling about 13,000 MW by October 10.

All the course of actions mentioned except III are relevant as far as the given statement is taken into consideration. Both Courses of action I and II perfectly capture the required measures or the steps or the courses of actions that must be followed in order to achieve the said motive or task.

As far as Course of action III is concerned it is not a course of action, it is rather an assumption that is been considered. As from the context stated in course of action III, we don’t get the idea that it is a course of action, it can be rejected.

As both the courses of action mentioned in I and II are in the same direction thus, the most appropriate answer choice is option 4.

Related Questions

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: India’s pharmaceutical sector is now popping out from a shell and making a remarkable recovery. Actually, it has been facing several regulatory challenges in the forms of a recast of foreign direct investment (FDI) policy, pricing policy in the US generics market, patent protection, regulatory approvals and compulsory licensing. Also limited new product launches in the generics space, GST introduction and higher costs associated with regulatory compliance have hurt the sector. Courses of action: I. The government has been engrossed more in policy making and taking resilient decisions for the concerns of the pharma industry. Recently, the government proposed to introduce a new price index for pharmaceutical products, which would serve as a benchmark for determining prices of all medicines sold in the country. II. Meanwhile, pharma companies’ constant investments in R&D have enabled them to develop a basket of robust products for markets across the world. In international markets, pricing pressure on generics sold in the US has eased and this is likely to support the sector. III. Domestic pharma sales grew to Rs. 10,583 crore in May 2018 from Rs. 9,549 crore in the same month last year. The recent clearance by the US Food and Drug Administration to Sun Pharma’s manufacturing plant at Halol in Gujarat brings to an end a two-year import ban it had imposed on the company over quality issues. This is likely to increase sales for the company.
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: With one year to go for 2019 parliamentary elections, Prime Minister Narendra Modi has stepped in to ensure results can be seen on the ground. The Centre has asked states to focus on impactful and public-private-partnership based smart city projects, which would show results over the next one year and have a review mechanism in place. Ministry of housing and urban affairs, the nodal ministry for Smart Cities Mission has identified 261 impactful ventures worth Rs. 31,000 crore and PPP projects worth Rs. 32,000 crore for the states to work on. Courses of Action: I. The move follows directives from the Prime Minister. During a review of Smart Cities mission last week, PM Modi had emphasized on early implementation of projects and suggested that the chief secretaries of all states should review the progress of the implementation. II. These identified projects account for an investment of Rs. 31,112 crore. The states have also been asked to work on 370 PPP projects that involve an investment of Rs. 32,410 crore The impactful projects identified range from building 40 outdoor fitness centres in New Delhi Municipal Council area at a cost of Rs. 1.31 crore to redevelopment of 340 acre area in Bhopal at a cost of Rs. 3,000 crore.  III. Secretary (housing and urban affairs) D. S. Mishra has written to chief secretaries of states and asked them to focus on the belated implementation of smart city projects that have a visible and transformative impact in the lives of citizens in identified smart cities.
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: In a bid to find a successor to founder CEO Rana Kapoor, The Yes Bank has formed a five member panel including two members from outside the bank, less than a week after Reserve Bank of India (RBI) cut short his tenure until January 31 2019. In a press release sent to the exchanges late on Tuesday evening, Yes Bank said that the “search and selection committee” would comprise of three members of the bank’s nomination and remuneration committee and also two external members, which the bank did not specify.  Courses of action: I. However, the board has requested the Reserve Bank of India (RBI) to grant an extension to Kapoor up to September 2019 ‘for finalization of audited financial statements for fiscal year ending March 2019 and in order for the statutory AGM process to be completed’. II. The board has also recommended the elevation of senior group presidents Rajat Monga and Pralay Mondal as executive directors ‘to ensure a long term succession plan within Yes Bank, and given the demonstrated track record of these two senior leaders’. All this will be subject to RBI approval.  III. The panel will comprise of five members and will focus on find a successor to Rana Kapoor.
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 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: Chinese firms like Xiaomi are facing delays in getting approvals from India’s quality control agency for their goods, as the business environment deteriorates after a clash on their Himalayan border. Chinese smartphone brands, including Oppo and Xiaomi, account for eight of every 10 smartphones sold in India. While the two companies assemble most of their models in India, several components are imported from China. Courses of action: I. Oppo and Xiaomi must be asked to ensure strict adherence to quality standards. II. Indian Public-Sector banks must be asked to give interest-free loans to Indian smartphone makers so that they could raise the capital required to compete with Chinese smartphones. III. Ways to incentivize Indian smartphone makers must be explored- Including tariffs and quotas on Chinese goods.
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: Indian Finance Minister Arun Jaitley said on Monday that the government is ready to ensure credit is available to non-banking financial companies (NBFCs), just a day after the market regulator and the central bank sought to calm skittish investors. Jaitley's assurances followed panic selling in the equity market on Friday that pushed the benchmark Nifty Index more than three percent lower in less than 30 minutes. It later recovered to end the day down 0.81 percent.  Courses of action: I. The sell-off was sparked by news that a large fund manager sold short-term bonds issued by Indian NBFC Dewan Housing Finance Corp at a sharp discount, raising fears of wider liquidity problem among NBFCs.  II. Indian equity markets have hit record highs this year despite sell-offs in domestic bonds and weakness in the rupee that has made it Asia's worst-performing currency this year.  III. A sell-off in equity markets, which have been one of the few bright spots in the economy, could further dent Modi's popularity among some of the small business and trading community, a core base of BJP supporters, who were already stung by two of his largest reform moves - demonetization and a nationwide Goods and Services Tax (GST). 
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: Former RBI chief Raghuram Rajan has dissected the banking crisis in his recent analysis of non-performing assets (NPAs). He implies that cronyism is an important cause. Rajan says one reason for NPAs was over-optimism after the initial success of public-private partnerships (PPPs) in infrastructure during 2006-08, leading to explosive expansion without due diligence. Second, slower GDP growth after 2008 meant that traffic and industrial demand were far less than projected. This was exacerbated by delays in land acquisition, and non-availability of gas and coal for power plants.  Courses of action: I. Rajan says he sent a list of prominent bank fraud cases to the PMO, but heard nothing more about it. This has led to accusations that cronyism has been the root cause of record NPAs. That is simply wrong.  II. Besides, bond buyers - mutual funds, pension funds, insurance companies - will be decimated if bond defaults are as common as bank NPAs, and the human and economic impact may be just as bad.  III. Banks should not be forced to get into project finance at all, let alone on a grand scale. They grew for decades through working capital and retail lending. They had no ability to judge project costs or risks. But they jumped in, often on political orders or pressures. 
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: Commerce and industry minister Suresh Prabhu will next week review sector-specific strategies to increase India’s exports 20% this year amid an uncertain global trade environment and credit availability. The ministry has identified nine sectors, including gems & jewellery, leather, textiles, agriculture and pharmaceuticals, to drive India’s exports to $400 billion in the next five years. These sectors accounted for $242 billion or 80% of the country’s total exports of $302 billion in 2017-18. Courses of action: I. The minister will review the action plans on October 1. This is in continuation of the series of meetings that he has had with export promotion councils and secretaries of line ministries concerned. II. Besides export promotion councils, the minister will separately meet officials of other departments concerned.  III. Exporters have raised concerns over the slack flow of credit to exporters, high goods and services tax on gold and strict pollution norms for chemicals, besides currency fluctuations, citing these factors as hindrances to export growth. Prabhu recently wrote to finance minister Arun Jaitley, requesting his intervention to improve bank credit flow to the export sector.
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.
In the question below, is given a passage 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: One of the biggest problems facing ABC Bank of India is the attrition of its Probationary Officers post their job confirmation. The bank spends crores of rupees in their training during Probation, but after confirmation in service, many of the Probationary officers quit the Bank. While some of them jump to more lucrative jobs in the Private Sector Banks, some prefer to quit even without finding another job. Courses of action:  I. ABC Bank must make the Probationary Officers sign a bond upon joining, asking them to serve the bank for a minimum of 10 years after confirmation. II. New HR policy must be introduced to recover training costs from Probationers who serve the bank for less than 5 years. III. The Bank must appoint an internal committee to find out the reasons for the attrition of Probationary Officers.