In this question, two statements I and II have been given. These statements may be independent causes or effects of independent causes or a common cause. One of the statements may be the effect of the other statement. Read both statements and select the correct answer.
I. Country X reduced their crude oil import by 6% in the last 5 years.
II. The automobile industry in Country X has witnessed a sharp decline of 13% in its growth margin this year.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Both I and II are effects of independent causes.
I. Country X reduced their crude oil import by 6% in the last 5 years.
Country X might have found other source for the replacement of crude oil import or their requiremnet might have reduced. So, it is an effect for an independent cause.
II. The automobile industry in Country X has witnessed a sharp decline of 13% in its growth margin this year.
For country X, the industry's supply cost would have increased, or the overhead costs would have increased. So, it is an effect for an independent cause.