ibps-so 2018 · Question 196 of 356

Statement : The lease of the premises in which a city branch of a bank has been functioning for many years expires at the end of the present quarter, and the owner of the premises has intimated in writing that he is not willing to renew the lease upon any terms whatever. Courses of action : I. The bank should take suitable alternative premises upon lease in the same locality and should shift the branch to those premises before the present lease expires. II. The bank should merge the branch with another branch of its own situated in the same locality and should transfer the accounts of the branch to that other branch.

1. AOnly course of action I follows
2. BOnly course of action II follows
3. CEither course of action I or course of action II followsCorrect
4. DNeither course of action I nor course of action II follows
5. EBoth course of action I and course of action II follow