Direction: In the question the statement is given followed by two arguments numbered I and II. You have to consider the statement to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given arguments, if any, is a strong argument.
Statement: Should Life insurance be made compulsory for every individual in India?
Argument:
I. Yes, the individual can benefit from the exemption of tax under section 80 C of the Income tax act, 1961.
II. Yes, life insurance gives people security. It is designed to provide the reassurance that dependents will be looked after if the individual dies.
1
Only I Is strong
2
Only II is strong
3
Either I or II is strong
4
Neither I nor II is strong
5
Both I and II are strong