Reasoning - Statement and Argument - Discussion
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Q. | Statement: Should there be only one rate of interest for term deposits of varying durations in banks? |
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Answer: | Option A | |
Explaination: |
Clearly, the proposed scheme would discourage people from keeping deposits for longer durations (the rate of interest being the same for short durations) and not draw in more funds. So, only argument I holds. |
Discussion
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