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Directions Each of the following question consists of a statement followed...

This question belongs to Competitive Reasoning Statement And Arguments
Statement And Arguments
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Directions : Each of the following question consists of a statement followed by two arguments I and II. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument.

Statement : Should India encourage exports, when most things are insufficient for internal use itself?

Arguments :
I. Yes. We have to earn foreign exchange to pay for our imports.
II. No. Even selective encouragement would lead to shortages.

Answer & Solution
Correct Answer: Option A
Clearly, India can export only the surplus and that which can be saved after fulfilling its own needs, to pay for its imports. Encouragement to export cannot lead to shortages as it shall provide the resources for imports. So, only argument I holds.
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