Multiple Choice Questions on Statement Should India encourage exports when most things are insufficient for internal use itself A........... for Logical Reasoning ( All Exams ) Preparation

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Multiple Choice Questions

Statement Should India encourage exports when most things are insufficient for internal use itself A...........

Logical Reasoning(Master ) Statement - Arguments
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    Statement:

    Should India encourage exports, when most things are insufficient for internal use itself?

    Arguments:

    l) Yes. We have to earn foreign exchange to pay for our imports.

    ll) No. Even selective encouragement would lead to shortages.

    Only argument I is strong 

    Correct Answer

    Only argument II is strong 

    Incorrect Answer

    Either I or II is strong 

    Incorrect Answer

    Neither I nor II is strong

    Incorrect Answer
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    Explanation:

    Clearly, India can export only the surplus and that which can be saved after fulfilling its own needs, to pay for its imports. Encouragement to export cannot lead to shortages as it shall provide the resources for imports. So, only argument I holds.

    By: ASRAF UDDIN AHMED
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