Consider the following statements

2024

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 not explain Statement-I

(c)

Statement-I is correct, but Statement-II is incorrect

(d)

Statement-I is incorrect, but Statement-II is correct*

Answer:

(d)

Explanation

Ans – D Statement 1 is Incorrect as no rapid recovery Link – https://www.cfr.org/backgrounder/venezuela-crisis Link – https://disasterphilanthropy.org/disasters/venezuelan-refugee-crisis/ Statement 2 – is correct https://www.civilsdaily.com/news/premium-travelling-the-regions-of-south-america/