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Statements: 1. The Reserve Bank of India has recently put restrictions on few small banks in the country. 2. The small banks in the private and co-operative sector in India are not in a position to withstand the competitions of the bigger banks in the

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1. 

Statements:

  1. The Reserve Bank of India has recently put restrictions on few small banks in the country.
  2. The small banks in the private and co-operative sector in India are not in a position to withstand the competitions of the bigger banks in the public sector.
[A]. Statement I is the cause and statement II is its effect.
[B]. Statement II is the cause and statement I is its effect.
[C]. Both the statements I and II are independent causes.
[D]. Both the statements I and II are effects of independent causes.
[E]. Both the statements I and II are effects of some common cause.

Answer: Option B

Explanation:

As, the small banks in the private and co-operation sector in India are not in a position to withstand the competitions of the bigger banks in the public sector, therefore, the Reserve Bank of India has recently put restrictions on few small banks in the country.

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