Directions: The question consists of a statement and two inferences. The student must first determine whether each statement is true. Choose the appropriate answer after reading the statement carefully.

Statement: Banking operations across the country got affected on Monday as bankers under the aegis of the United Forum of Bank Unions (UFBU) have gone on a nationwide strike to protest against the proposed privatization of two state-owned lenders.UFBU, an umbrella body of nine unions, had given a strike call for March 15 and 16 and claimed that about 10 lakh bank employees and officers of the banks will participate in the strike.

Inference:

I. Bank employees across private and public sector banks joined the protest.

II. Strikes led to a delay in the cheque clearance at these banks.