Prelims 2024 · Current Affairs · Question 47
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?
Answer
Statement-I is incorrect, but Statement-II is correct
Statement-I: Incorrect. Venezuela has faced a prolonged economic and humanitarian crisis, and large-scale emigration of Venezuelans has continued in recent years; it has not clearly "succeeded" in stopping people from leaving.
Statement-II: Correct. Venezuela is widely recognized as having the world’s largest proven oil reserves.
Answer: Since Statement-I is incorrect but Statement-II is correct, the correct option is (d).