Discussion
Statement: It is necessary to adopt suitable measures to prevent repetition of bad debts by learning from the past experiences of mounting non-performing assets of banks.
Courses of Action:
1. Before granting loan to customers their eligibility for loan should be evaluated strictly.
2. To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis.
Answer: E
Correct answer: Both I and II follow
Bad debts arise both from lending to those who cannot repay and from money not being used for the purpose it was lent. Checking eligibility before the loan meets the first, and supervising the work afterwards meets the second, so both follow.
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