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Home Logical Reasoning Statement and Argument See What Others Are Saying!
  • Question
  • Statement: Should there be only one rate of interest for term deposits of varying durations in banks?

    Arguments:

    1. No. People will refrain from keeping money for longer duration resulting into reduction of liquidity level of banks.
    2. Yes. This will be much simple for the common people and they may be encouraged to keep more money in banks.


  • Options
  • A. Only argument I is strong
  • B. Only argument II is strong
  • C. Either I or II is strong
  • D. Neither I nor II is strong
  • E. Both I and II are strong

  • Correct Answer
  • Only argument I is strong 

    Explanation
    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.

  • More questions

    • 1. 2 3 4 5 6 4 8

    • Options
    • A. 9 10
    • B. 4 8
    • C. 10 4
    • D. 9 4
    • E. 8 9
    • Discuss
    • 2. Look at this series: 83, 73, 93, 63, __, 93, 43, ... What number should fill the blank?

    • Options
    • A. 33
    • B. 53
    • C. 73
    • D. 93
    • Discuss
    • 3. Look at this series: 8, 43, 11, 41, __, 39, 17, ... What number should fill in the blank?

    • Options
    • A. 8
    • B. 14
    • C. 43
    • D. 44
    • Discuss
    • 4. Which word does NOT belong with the others?

    • Options
    • A. mayor
    • B. lawyer
    • C. governor
    • D. senator
    • Discuss
    • 5. Which word does NOT belong with the others?

    • Options
    • A. evaluate
    • B. assess
    • C. appraise
    • D. instruct
    • Discuss
    • 6. vibration

    • Options
    • A. motion
    • B. electricity
    • C. science
    • D. sound
    • Discuss
    • 7. DEPRESSED : SAD

    • Options
    • A. neat : considerate
    • B. towering : cringing
    • C. rapid : plodding
    • D. progressive : regressive
    • E. exhausted : tired
    • Discuss
    • 8. DELTOID : MUSCLE

    • Options
    • A. radius : bone
    • B. brain : nerve
    • C. tissue : organ
    • D. blood : vein
    • E. scalpel : incision
    • Discuss
    • 9. This book can help because all good books help.

    • Options
    • A. This is not a good book.
    • B. This is a good book.
    • C. No good book helps.
    • D. Some good books help.
    • Discuss
    • 10. DIRGE : FUNERAL

    • Options
    • A. chain : letter
    • B. bell : church
    • C. telephone : call
    • D. jingle : commercial
    • E. hymn : concerto
    • Discuss


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