IBPS RRB PO Mains 13 Oct 2019 Paper
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Question : 21 of 200
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The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question.
Statement: Malaysia has set up a trust fund for the public to donate money in order to help the government repay the country's debt. Malaysia's Finance Ministry said the fund would be called Malaysia Hope Fund and the contributions must be made in cash.
Will this help to gain financial stability?
Arguments:
I. Yes, Malaysia's national debt amounts to $250.8 billion which is 80% of its GDP.
II. No, Malaysia's debt amounts to $250.8 billion which is 8% of its national GDP.
III. Yes, 80% of Malaysia's GDP amounts to a debt amount of about $250.8 billion.
Statement: Malaysia has set up a trust fund for the public to donate money in order to help the government repay the country's debt. Malaysia's Finance Ministry said the fund would be called Malaysia Hope Fund and the contributions must be made in cash.
Will this help to gain financial stability?
Arguments:
I. Yes, Malaysia's national debt amounts to $250.8 billion which is 80% of its GDP.
II. No, Malaysia's debt amounts to $250.8 billion which is 8% of its national GDP.
III. Yes, 80% of Malaysia's GDP amounts to a debt amount of about $250.8 billion.
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