In this question some conditions or circumstances is provided to you, you have to make logical judgement according to mentioned circumstances and mark the correct judgement for question. Statement: The government has decided to privatize all public sector banks.
Judgement I: It will improve efficiency.
Judgement II: It will reduce employment security.
Show answer & explanation
Correct answer: B
Explanation
In this situation, only Statement II is valid and is the correct option.
Reason:
When the government privatizes public sector banks, it is generally expected that efficiency will improve, but on the contrary, the job security of employees will be directly affected and is likely to decline under private management.