UPSC 2024 › Current Affairs › Business & Economy
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UPSC 2024 · Q97 · Current Affairs › Business & Economy · Save
Consider the following statements :
Statement-I : Recently, Venezuela has achieved a rapid recovery from its economic crisis and succeeded in preventing its people from fleeing/emigrating to other countries.
Statement-II : Venezuela has the world's largest oil reserves.
Which one of the following is correct in respect of the above statements ?
(a) Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
(b) Both Statement-I and Statement-II are correct, but Statement-II does <i>not</i> explain Statement-I
(c) Statement-I is correct, but Statement-II is incorrect
(d) Statement-I is incorrect, but Statement-II is correct
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Answer: (d) Statement-I is incorrect, but Statement-II is correct