{"id":46287,"date":"2024-04-15T22:10:11","date_gmt":"2024-04-15T22:10:11","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=46287"},"modified":"2024-04-15T22:10:11","modified_gmt":"2024-04-15T22:10:11","slug":"statement-many-private-sector-banks-have-reduced-interest-rate-on-housing-loans-in-comparison-to-public-sector-banks-courses-of-action-i-the-case-should-be-raised-before-the-regulatory-authority","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/statement-many-private-sector-banks-have-reduced-interest-rate-on-housing-loans-in-comparison-to-public-sector-banks-courses-of-action-i-the-case-should-be-raised-before-the-regulatory-authority\/","title":{"rendered":"Statement : Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks. Courses of Action : I. The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction. II. Public sector banks must adopt such policy to remain in competition. III. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers."},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a97d9caad055\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"true\">\r\n                    All follow                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    Only I and II follow                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    Only I and III follow                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    Only either II or III follows E. None of these                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: Only I and II follow.<\/p>\n<p>The statement says that many private sector banks have reduced interest rates on housing loans in comparison to public sector banks. This means that public sector banks are at a disadvantage and may lose customers to private sector banks.<\/p>\n<p>Course of action I says that the case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction. This is a valid course of action because it would allow the regulatory authority to investigate the matter and ensure that public sector banks are <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> not being unfairly disadvantaged.<\/p>\n<p>Course of action II says that public sector banks must adopt such policy to remain in competition. This is also a valid course of action because it would allow public sector banks to remain competitive and avoid losing customers to private sector banks.<\/p>\n<p>Course of action III says that the public sector banks should advertise their special feature repeatedly so that they do not lose their future customers. This is not a valid course of action because it does not address the underlying issue, which is that public sector banks are at a disadvantage due to the lower interest rates offered by private sector banks.<\/p>\n<p>In conclusion, only courses of action I and II follow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[724],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Statement : Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks. Courses of Action : I. The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction. II. Public sector banks must adopt such policy to remain in competition. III. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/statement-many-private-sector-banks-have-reduced-interest-rate-on-housing-loans-in-comparison-to-public-sector-banks-courses-of-action-i-the-case-should-be-raised-before-the-regulatory-authority\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Statement : Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks. Courses of Action : I. 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Courses of Action : I. The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction. II. Public sector banks must adopt such policy to remain in competition. III. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/statement-many-private-sector-banks-have-reduced-interest-rate-on-housing-loans-in-comparison-to-public-sector-banks-courses-of-action-i-the-case-should-be-raised-before-the-regulatory-authority\/","og_locale":"en_US","og_type":"article","og_title":"Statement : Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks. Courses of Action : I. 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