The correct answer is: Only I and II follow.
The statement says that there are more than 200 villages in the hill area of Uttar Pradesh which are severely damaged due to cyclone and it causes an extra burden of Rs 200 crore on State Government for relief and rehabilitation work.
Course of action I says that people of hill area should be shifted to other safer places. This is a good course of action because it will help to protect the people from further damage and loss of life.
Course of action II says that State Government should ask more financial support from Central Government. This is also a good course of action because it will help the State Government to meet the additional financial burden caused by the cyclone.
Course of action III says that Government should levy relief tax to the corporate sector to ease the additional burden. This is not a good course of action because it will place an additional burden on the corporate sector, which may not be able to afford it.
Therefore, only courses of action I and II follow.