Direction: In making decisions about important question, it is desirable to distinguish between a 'strong'argument and a 'weak' argument. A ' strong' argument must be both important and directly related to the question. A 'weak' argument may not be directly related to the question and may be of minor importance or may be related to the trivial aspect of the question. Each question below is followed by three arguments numbered I and II and III. You have to decide which of the argument is 'strong' and which is 'weak'.
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Statement
Should there be only few banks in place of numerous smaller banks in India?
Arguments
I. Yes, This will help secure the investor's money as these big banks will be able to withstand intermittent market related shocks.
II. No, A large number of people will lose their jobs as after the merger many employees will be redundant.
III. Yes, This will help consolidate the entire banking industry and will lead to healthy competition.
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- None is strong
- Only I and II are strong
- Only II and III are strong
- Only I and III are strong
- All are strong
Correct Option: A
All arguments stated do not strongly support the statement because if there are few banks in place of several small banks, then security for investor cannot be ensured. Also, it cannot help to consolidate the entire banking industry.
