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Question

Data Interpretation & Logical Reasoning (DILR) Question on Statements and Arguments

Statement: Should India create a huge oil reserve like some Western Countries to face difficult situations in future?
Arguments:
I. No. There is no need to block huge amount of foreign exchange and keep the money idle.
II. Yes. This will help India withstand shocks of sudden rise in oil prices due to unforeseen circumstances.

A

only Argument I is strong.

B

only Argument II is strong.

C

either I or II is strong.

D

neither I nor Il is strong.

Answer

only Argument II is strong.

Explanation

Solution

The correct option is (B):only Argument II is strong.