Discussion :: Statement and Argument
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Statement: Should India create a huge oil reserve like some Western countries to face difficult situations in future?
Arguments:
- No. There is no need to block huge amount of foreign exchange and keep the money idle.
- Yes. This will help India withstand shocks of sudden rise in oil prices due to unforeseen circumstances.
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A.
Only argument I is strong
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B.
Only argument II is strong
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C.
Either I or II is strong
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D.
Neither I nor II is strong
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E.
Both I and II are strong
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Answer : Option B
Explanation :
Oil, being an essential commodity, our country must keep it in reserve. So, argument I is vague, while argument II holds as it provides a substantial reason for the same.
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