1Easyprelims2 marks
Business & Economy
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?
ABoth Statement-I and Statement-II are correct and Statement-II explains Statement-I
BBoth Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
CStatement-I is correct, but Statement-II is incorrect
DStatement-I is incorrect, but Statement-II is correct