Multiple Choice Questions on I Financial Institutions are largely unregulated II Today world is passing through a serious phase o........... for Study NOtes Preparation

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Multiple Choice Questions

I Financial Institutions are largely unregulated II Today world is passing through a serious phase o...........

Logial Reasoning (CLAT) Statement - Assumptions
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    I Financial Institutions are largely unregulated

    II Today, world is passing through a serious phase of economic crisis

    I is the main cause and II is the main effect

    Correct Answer

    I is effect but II is not the main cause

    Incorrect Answer

    II is the main cause and I is the main effect

    Incorrect Answer

    II is an effect but I is not the main cause

    Incorrect Answer
    Explanation:

    Financial institutions in most countries operate in a heavily regulated environment as they are critical parts of countries' economies.
    The crisis resulted from acombination of complex factors.
    Hence, option 1 is the correct answer.

    By: Amit Kumar
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