RBI Grade B Officer 9 Nov 2019 Paper
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Question : 125 of 200
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Directions: In the question below are given a statement followed by two courses of action numbered I and II. A course of action is a step or administrative decision to be taken for improvement, follow-up or further action regarding the problem, policy, etc. Based on the information given in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursuing.
Statement:
Company B came into existence five years ago. It is a manufacturing company producing bottles. The turnover of the company for the first year was550 , 000 , 000 , i t w a s r u n n i n g i n l o s s o f 330 , 000 , 000. E v e n i n t h e t h i r d y e a r o f i t s o p e r a t i o n s , t h e c o m p a n y h a s b e e n u n a b l e t o a c h i e v e a b r e a k e v e n p o i n t . I n t h e f o u r t h y e a r o f i t s p r o d u c t i o n , t h e c o m p a n y t o o k a l o a n o f
Course of Actions:
I. The Board of Directors of the company dissolves the company and pays off all its debtors.
II. The Board of Directors of the company sell off the company to a larger company and use the money to pay off their debts to the bank.
Statement:
Company B came into existence five years ago. It is a manufacturing company producing bottles. The turnover of the company for the first year was
Course of Actions:
I. The Board of Directors of the company dissolves the company and pays off all its debtors.
II. The Board of Directors of the company sell off the company to a larger company and use the money to pay off their debts to the bank.
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