1. Statement: A large private bank has decided to retrench one-third of its employees in view of the huge losses incurred by it during the past three quarters.
Course of action:
(A) The Govt should issue a notification to general public to immediately stop all transactions with the bank
(B)The Govt should direct the bank to refrain from retrenching its employees
(C)The Govt should ask the central bank of the country to initiate an enquiry into the bank’s activities and submit its report
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