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For Competitive Exams

The question is followed by two arguments numbered I and II. You have to decide which of the arguments is a strong argument and which is a weak argument.
Statement:
Should the oil companies be allowed to fix the price of petroleum products depending on market conditions?
Arguments :
I. Yes, this is the only way to make the oil companies commercially viable.
II. No, this will put additional burden on the retail prices of essential commodities and will cause lot of hardships to the masses.

Only argument I is strong.
Only argument II is strong
Either I or II is strong.
Neither I nor II is strong.
Both I and II are strong.
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