Direction: Each question given below consists of a statement, followed by two argument's numbered I and II. You have to decide which of the argument is a 'strong' argument and which is a 'weak' argument.
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Statement:
Should the oil companies be allowed to fix the price of petroleum products depending on market conditions?
Arguments:
I. Yes. This is the only way to make the oil companies commercially viable.
II. No. This will put additional burden on the retail prices of essential commodities and will cause a lot of hardships to the masses.
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- if only argument I is strong
- if only argument II are strong
- if either I or II is strong
- if neither I nor II is strong and
- if both I and II are strong.
Correct Option: B
Clearly, Oil is an essential commodity and its prices govern the prices of other essential commodities. As such, the interest of the common people must be taken care of, rather commodities. As such, the interest of the common people must be taken care of, rather than the profitability of some oil companies. So, only argument II holds, strong.
