General Studies · Statements and Arguments
Each question below consists of a statement followed by two arguments, numbered I and II. You must decide which of the arguments is 'strong'. Statement: Should there be only one rate of interest for term deposits of varying duration in banks? Arguments: I. No, people will refrain from keeping money for longer durations. II. Yes, it will be simpler and may encourage people to deposit more.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both arguments I and II are strong
- 2Neither argument I nor II is strong
- 3Only argument II is strong
- 4Only argument I is strong✓
Correct answer
Only argument I is strong
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