Directions: In the question given below a statements is followed by three courses of action numbered I or (A), II or (B) and III or (C). A course of action is a step or administrative decision to be taken for improvement, follow-up for further action in regards to the problem, policy etc. on the basis of the information given in the statement. you have to assume everything in the statement to be true, then decide which of the three given/suggested courses of action logically follows for pursuing and decide the answer.
Statement:The prices of crude oil in the international market have increased substantially in the recent past and are likely to increase further in rear future due to closure of refineries in the united states.
Courses of action :
I. The government should allow the petroleum companies to fix the retail price as per the crude oil price in the international market.
II. The government should absorb part of the increase.in crude oil price by proportionately reducing tax burden on the retail price in the domestic market.
III. The government should privatise the petroleum companies to get out out of the tricky market situation.
1) Only either I or III follow 2) Only either II or III follow
3)Only either I or II follow
4) Only either I or III follow
5) None of these

Options

A. if only I follows
B. if only II follows
C. if either I or II follows
D. if neither I nor II follows

Answer

C

Explanation

Either course of action I or II is advisable.