Question
Government has spoiled many top ranking financial institutions by appointing bureaucrats as Directors of these institutions.
Conclusions:
- Government should appoint Directors of the financial institutes
taking into consideration the expertise of the person in the area of
finance.
- The Director of the financial institute should have expertise commensurate with the financial work carried out by the institute.
Answer: Option E
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According to the statement, Government has spoiled financial
institutions by appointing bureaucrats as Directors. This means that
only those persons should be appointed as Directors who are experts in
finance and are acquainted with the financial work of the institute. So,
both I and II follow.
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