question_answer

As we all know, banks publish their quarterly performance to bring transparency in the system and also to give a clear picture of their performance to the public. How were results of Quarter 2different from the results of Quarter 1 of the listed banks including giants like SB1&ICICI banks?  [Allahabad Bank 2010]

(1) Performance was subdued in Quarter 2.

(2) Yields on advances of almost all listed banks have come down.

(3) Advances grew at a slower pace when compared to deposits.

A)  Only (1) is true

B)  Only (2) is true

C)  Only (3) is true

D)  All (1), (2) & (3) are true

E)  None of these