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  1. Only III follows
  2. Neither I nor III follows
  3. None follows
  4. All except III and II
  5. All I, II and III follow
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1 Answers

Option 3 : None follows

A course of action is something that needs to be done considering the present scenario in mind. From the statement, it is evident that rupee may fall down in its value while the interest rates may sore high. Moreover, being the worst performer, some of the respondents in the poll believe it might touch 69 to the dollar or may even rise to 70 by the year end. The appropriate course of action for the above case can be something that will help to improve its performance or provide a course of action which might improve the rupee’s or the interest rate’s performance. From the actions stated above, none seems to improve the performance. (I) seems to be a wild guess that corporate might borrow less which in no way suggests something to improve the current scenario. Moreover, (II) and (III) deals with the fact about the external factors and foreign fund outflows respectively, thereby, they are also not an appropriate course of actions as far as the given statement is concerned. Thus, all the course of actions stated are irrelevant and can be rejected.

The correct answer is option 3, i.e. None follows.

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