SBI PO Prelims Model Paper 10

Statement: Many private sector banks have increased the interest rates on savings bank accounts in comparison to public sector banks.
Course of action:
I. The case should be placed by the public sector banks before the regulatory authority for investigation as they cannot allow such an increase.
II. Public sector banks must adopt such policies as would help them remain in competition.
III. Public sector banks should advertise their special features repeatedly so that they do not lose theirfuture customers.