pyq/2024/prelims/97

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