ibps-so 2018 · Question 183 of 356

With which one of the following statements would the author be most likely to agree?

1. AThe audit of a company's accounts serves no purpose that the market does not serve better
2. BA bank that lends to a limited company is in the same position as a supplier who has delivered goods upon thirty days' credit
3. CRelaxing the obligations of disclosure and audit does not remove a burden but transfers it to those who deal with the companyCorrect
4. DLimited liability ought to be extended, without further conditions, to every trade in which capital is scarce
5. EA shareholder who has paid for his shares owes nothing whatever to the community in which the company operates Directions (Q91–Q95) : Nothing in this set turns upon any knowledge of banking; what is being weighed is nothing more than a candidate's command of elementary algebra under the pressure of the clock. Each of the questions below carries two equations, marked I and II, the rst of them in the unknown x and the second of them in the unknown y. Solve both equations, take every value of x that satis es the rst against every value of y that satis es the second, and mark that one of the ve options which holds good of every such pairing without exception. Should no single option hold good of every pairing, or should the two equations be satis ed by one and the same value alone, the fth option is the one to be marked.