Statement : Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post-shipment export credit denominated in foreign currency at international rates from January this year.

Courses of Action :

I. The officers concerned in the commercial banks are to be suspended.

II. The RBI should be asked to stop giving such directives to commercial banks.

Given:

Statement: Exporters in the capital are alleging that commercial banks are violating a Reserve Bank of India directive to operate a post-shipment export credit denominated in foreign currency at international rates from January this year.

Course of Action:

I. The officers concerned in the commercial banks are to be suspended - False (Suspending officers without a proper investigation into the alleged violation is a premature and drastic step. An inquiry should be conducted first to establish the facts and determine culpability.)

II. The RBI should be asked to stop giving such directives to commercial banks - False (The directive is intended to benefit exporters by providing credit at international rates. Stopping such a directive based on an alleged violation by some banks would harm the overall export sector and is not a constructive solution to address the violation.)

So, Neither I nor II follows.

Hence, the correct answer is "Option 4".