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Statement and Argument - Verbal and Reasoning

Directions to SolveEach question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong' argument and which is a 'weak' argument.Give answer:
  • (A) If only argument I is strong
  • (B) If only argument II is strong
  • (C) If either I or II is strong
  • (D) If neither I nor II is strong and
  • (E) If both I and II are strong.
Q1:

Statement: Should India create a huge oil reserve like some Western countries to face difficult situations in future? Arguments:
  1. No. There is no need to block huge amount of foreign exchange and keep the money idle.
  2. 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 II is strong

E Both I and II are strong

ANS:B - Only argument II is strong

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.