Statement — The Government will not provide financial support to voluntary organizations in the next five-year plan and has communicated that such organizations must raise their own funds.\n\nCourses of Action —\nI. Voluntary organizations should collaborate with foreign agencies.\nII. They should explore other sources of financial support.

Introduction / Context:
When a funding stream ceases, the immediate, generalizable response is to diversify and secure alternative funding compatible with mission and regulations. The question asks which action logically follows from the Government’s explicit stance.

Given Data / Assumptions:

• Policy: no Government grants for the next plan period.
• Instruction: raise funds independently.
• COA I: collaborate with foreign agencies (a specific external source).
• COA II: explore other sources (broad, non-prescriptive diversification).

Concept / Approach:
II is a direct, general consequence of the policy: look for permissible alternatives—CSR, philanthropy, social enterprise revenue, membership, local governments, impact funds—subject to compliance. I is one narrow path and may be infeasible or noncompliant for many NGOs due to FCRA/eligibility and strategic fit; the statement does not imply foreign tie-ups as the required or preferred path.

Step-by-Step Solution:

Verification / Alternative check:
If foreign collaboration is restricted or unsuitable, II still stands; hence only II follows.

Why Other Options Are Wrong:

Common Pitfalls:
Assuming one funding route fits all NGOs; compliance and mission alignment vary widely.

Final Answer:
Only II follows.