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.
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. Correct Answer Only I and III are strong.
The correct answer is option 2, i.e. Only I and III are strong.
III is a revised version of I only. Both of the arguments state the right facts about the GDP and the debt amount and highlight the need for adopting practices mentioned in the given statement. II is irrelevant and incorrect because if the debt amount is only 8% of the GDP, then there is no need to adopt such decisions and the debt can be easily paid from the GDP collected. Thus, II is rejected.
Thus, the most appropriate answer is option 2 and the rest of the options can be eliminated.