Question
Statement:Should the subsidy on petroleum products be further reduced?Argument:I. Yes, the present subsidy is a drain on national resources; let the consumer share the burden.II. No, this will have a cascading effect and the prices of all the commodities will sharply increase, creating higher rate of inflation.
Answer: Option E
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I is strong because it does not make sense to penalise the rest of the country for something I use. II is strong because if it leads to inflation, even the poor will get trapped.
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