Question

Which of the following could be the consequences of banks not functioning appropriately
1. Factory workers could be fired
2. Getting business loans could turn difficult
3. Depositors mein put more money into the bank
Choose the correct answer from the given options

Answer 1

Answer:

option 3 is correct

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Answer 2

Option (2) is the correct choice.

Banks are a vital part of businesses, especially startups. This is because for startups people need money. this money is received from the bank in the form of loans. But when banks are not performing efficiently, it could result in - valid loan applications getting rejected.

Option(1)- This has nothing to do with the functioning of the bank.

Option(3)- It is a positive response, but since the action is negative the response must also be negative. this does not fit the situation.

Therefore option(2) is the correct answer.