Statement Should India create a huge oil reserve like some western countries to face difficult situa...........

Logical Reasoning(Insurance) Statement - Arguments

Directions : In making decisions about important questions, it is desirable to be able to distinguish between ‘strong’ arguments and ‘weak’ arguments. ‘Strong’ arguments are those which are both important and directly related to the question. ‘Weak’ arguments are those which are of minor importance and also may not be directly related to the question or may be related to a trivial aspect of the question. Instructions: In each of the following a question is followed by two arguments numbered I and II. You have to decide which argument is strong and which argument is weak. Give answer

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.

if only argument I is strong.

if only argument II is strong.

if either argument I or II is strong.

if neither argument I nor II is strong.

if both the arguments I and II are strong.

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