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Statement: Should India create a huge oil reserve like some Western countries to face difficult situations in future? Arguments: No. There is no need to block huge amount of foreign exchange and keep the money idle. Yes. This will help India withstand shocks of sudden rise in oil prices due to unforeseen circumstances.

Only argument I is strong
Only argument II is strong
Either I or II is strong
Neither I nor II is strong
Both I and II are strong

Correct Answer: Only argument II is strong

Explanation:

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

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