Should India create a huge oil reserve inorder to face some difficult situations in future Arguments: 1. No. There is no need to block huge amounts of foreign exchange and keep the money die 2. Yes. This will keep India withstand shocks of sudden rise in oilprices due to un forseen circumstances

A) Only 1 is true

B) Only 2 is true

C) Either 1 or 2 is true

D) Neither 1 nor 2 is true

View Answer
Option – B.

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