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Multiple Choice Questions

Statement The Asian Development Bank has approved a 285 million loan to finance a project to constru...........

Logical Reasoning(IBPS CL) Statement - Courses of Action

Statement: The Asian Development Bank has approved a $285 million loan to finance a project to construct coal ports by Paradip and Madras Port Trusts.

Courses of Action:

India should use financial assistance from other international financial organisations to develop such ports in other places.
India should not seek such financial assistance from the international financial agencies.

Only I follows

Only II follows

Either I or II follows

Neither I nor II follows

Both I and II follow

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Explanation:

Clearly, such projects shall be an asset and a source of income to the country later on.
So, course I shall follow.
Hence, option 1 is the correct answer.

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