In each question below is given a statement followed by two courses of action numbered I and II. You have to assume everything in the statement to be true and on the basis of the information given in the statement, decide which of the suggested courses of action logically follow(s) for pursuing.
Statement: A large number of cyber fraud cases are being reported where people are losing money through fake banking apps.
Course of action I: Ban all online banking services immediately.
Course of action II: Increase cybersecurity measures and run awareness campaigns for users.
Show answer & explanation
Correct answer: B
Explanation
Course of Action I:
Imposing a ban on all online banking services is not a reasonable solution. Online banking is crucial for daily transactions, and restricting it would create further complications for both the public and the banking system.
Course of Action II:
Enhancing cybersecurity and conducting awareness campaigns constitute a logical step. Robust security systems can prevent fraud, while awareness can help people avoid fraudulent apps and scams.
Since banning online banking is impractical, whereas improving cybersecurity and awareness directly address the problem, only Course of Action II is logically appropriate.
Therefore, Option (2) is the correct answer.