The correct answer is: D. Neither I nor II is strong
Argument I is not strong because it is based on the assumption that foreign films depict an alien culture which adversely affects our values. However, this assumption is not necessarily true. Foreign films can depict a variety of cultures, and it is up to the individual viewer to decide whether or not these cultures are adverse to their own values.
Argument II is not strong because it is based on the assumption that foreign films are of a high artistic standard. However, this assumption is also not necessarily true. There are many foreign films that are not of a high artistic standard, and there are also many Indian films that are of a high artistic standard.
In conclusion, neither argument I nor argument II is strong.