GS PrelimsInternational relationsRegions and Countries in News2024

Consider the following statements : 1. 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. 2. 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

Correct Answer: Option D

Explanation

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