Question
A statement is given followed by two courses of action I
and II. Analyse the given situation and select the appropriate course of action. Statement: The UK government owned airline British Air has been continuously making losses for the past several years with no signs of profits anytime soon. Course of Action:Â Â Â Â Â I. The UK government should provide a bailout package to the airline to ensure that it does not collapse. II. The government should take necessary measures to ensure that the airline improves its productivity and reduces wasteful expenditure.Solution
Providing a bailout package would be similar to throwing good money after bad. If the airline cannot become profitable, it might be a better idea for it to shut down. Thus, course of action I does not follow. Â Necessary measures must be taken to try and make the airline profitable by cutting excess expenditure and improving efficiencies. Thus, course of action II makes sense. Â Hence, the correct answer is (B).
Which companies are required to have at least one women director?
On the death of a partner, when can the partnership business continue?
I.             When there are more than 2 partners in the f...
Whether the contents of documents or electronic records, can be proved by oral evidence?
The Aircraft Act provides that in the interest of the safety of aircraft operations, if the Central Government decides to regulate construction, erecti...
A relevant confession becomes irrelevant when
Under which products order specifications for vanaspati, margarine and shortenings are laid down?
The Madrid Protocol is an international treaty that facilitates the registration and management of:
What is the minimum age of a director?
The officers and other employees of the Authority under the IRDA Act may be appointed by whom?
The Performance Review Committee under the IFSCA Act shall consists of _______________ of the Authority