Statement and Argument Reasoning Questions and Answers

Q-51. Statement:-
Should India create a huge oil reserve like some Western countries to face difficult situations in future?

Arguments:-
I. No, there is no need to block huge amount of foreign exchange and keep the money idle.
II. Yes, this will help India withstand shocks of sudden rise in oil prices due to unforeseen circumstances.

View Answer and Solution 

Answer: (b) only argument II is strong.
Solution:
Oil, being an essential commodity, our country must keep it in reserve. So, argument I is vague, while argument II holds as it pro- vides a substantial reason for the same.

Q-52. 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.

View Answer and Solution 

Answer: (a) only argument I is strong.
Solution:
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.

Conclusion

As you learned about Statement and Argument Reasoning Questions and Answers. Understanding statements and arguments isn’t just about passing tests; it’s about becoming better at thinking and understanding the Situation. This skill helps us think clearly, separate good ideas from bad ones, and make smart decisions. So, if you are preparing for competitive exam, then do it regular practice of Statement and Argument question and answers that given in this post.