Q:

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 unforeseen circumstances. 

• 1
  C
• 2
  D
• 3
  A
• 4
  B
• 5
  E