Direction: In each of the questions below is given a statement followed by three courses of action numbered I, II and III. A Courses of action is a step for administrative decision to be taken for improvement, follows-up further action in regard to the problem, policy etc. On the basis of the information given in the statement. you have to assume everything in the statement to be true then decide which of the three given suggested courses of action logically follows worth pursuing. Then, decide which of the alternatives (a), (b), (c) or (d) is correct.
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Statement
The institute has fixed for the investors a validity period of one year for transfer forms for some of its listed schemes.
Courses of Action
I. The institute should consult investors before fixing the duration of validity period.
II. The investors should be duly informed about the validity period.
III. List of schemes covered under this validity period should be communicated.
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- All follows
- Both I and II follows
- Both I and III follows
- Both II and III follows
Correct Option: D
The Investors should be informed about the validity period, and the list of schemes covered under this validity period should be communicated so that the investors can benefit from this facility.
