Should India create a huge oil reserve inorder to face some difficult situations in future

Arguments:

1. No. There is no need to block huge amounts of foreign exchange and keep the money die

2. Yes. This will keep India withstand shocks of sudden rise in oilprices due to un forseen circumstances

A) Only 1 is true	B) Only 2 is true
C) Either 1 or 2 is true	D) Neither 1 nor 2 is true

Answer: B) Only 2 is true

Explanation:

Oil being an essential commodity ,our country must keep it in reserve.So argument 1 is vague,while argument 2 holds as it provides a substancial reason for the same

Subject: Statement and Arguments

Should India create a huge oil reserve inorder to face some difficult situations in future Arguments: 1. No. There is no need to block huge amounts of foreign exchange and keep the money die 2. Yes. This will keep India withstand shocks of sudden rise in oilprices due to un forseen circumstances

Should India create a huge oil reserve inorder to face some difficult situations in future

Arguments:

1. No. There is no need to block huge amounts of foreign exchange and keep the money die

2. Yes. This will keep India withstand shocks of sudden rise in oilprices due to un forseen circumstances