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Statement Is investment of money in insurance policies a wise step? Arguments I. Yes, it ensures security and covers risks. II. No, by the time the policy matures, the value of money falls down considerably?

if only Argument I is strong
if only Argument II is strong
if either I or II is strong
if neither I nor II is strong

Correct Answer: if only Argument I is strong

Explanation:

Argument I is strong because insurance is meant to cover the risk and promotes savings. Argument II lacks clear logic.

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