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Iift 2017 Question 49

This is a detailed step-by-step solution for Iift 2017 Question 49. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

In the third and fourth paragraphs, the author explains how UK authorities had extended deposit insurance across board to all deposits in the UK banking system and how those policies would have yielded counterproductive results had India adopted those policies. From this, we can conclude that Domestic conditions are typical to every country and applying solutions from other countries creates confusion.
Hence, option C is the correct answer.

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