[amp_mcq option1=”Only I follows” option2=”Only II follows” option3=”Either I or II follows” option4=”Neither I nor II follows E. Both I and II follow” correct=”option3″]<\/p>\n
The correct answer is: C. Either I or II follows<\/strong><\/p>\n The statement only tells us that the Asian Development Bank has approved a $285 million loan to finance a project to construct coal ports by Paradip and Madras Port Trusts. It does not tell us anything about India’s financial situation, its plans for future port development, or the terms of the loan from the Asian Development Bank. Therefore, we cannot conclude that India should use financial assistance from other international financial organisations to develop such ports in other places, or that India should not seek such financial assistance from the international financial agencies.<\/p>\n Option I could follow if India has a shortage of funds for port development, or if the terms of the loan from the Asian Development Bank are unfavorable. Option II could follow if India has sufficient funds for port development, or if it does not want to be beholden to international financial agencies.<\/p>\n Without more information, it is impossible to say which option is more likely to be correct.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”Only I follows” option2=”Only II follows” option3=”Either I or II follows” option4=”Neither I nor II follows E. Both I and II follow” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[724],"tags":[],"class_list":["post-48090","post","type-post","status-publish","format-standard","hentry","category-course-of-action","no-featured-image-padding"],"yoast_head":"\n