Question

Statement: Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Parliament this August, have given rise to concerns over protection for bank deposits in the proposed law. Conclusions: 1) The Financial Resolution and Deposit Insurance Bill will protect the interest of depositors. 2) There is concern about how the depositors of a bank with a critical risk factor will be repaired.

Direction (42-43): In each question below is given a statement followed by two conclusions numbered I and
II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement. 1) Only conclusion I follows 2) Only conclusion II follows 3) Either I or II follows 4) Neither I nor II follows 5) Both I and II follows
A 1
B 2
C 3
D 4
E 5
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