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Option 3 : Neither argument 1 nor 2 is strong.

The privatization of government banks may reduce the burden of administration on the government but that would defy the purpose of a government; governments are responsible for the administration and management of all the financial activities of the country. Therefore, argument 1 is not a strong enough argument to support the privatization of every government bank.

The privatization of government banks is undertaken to improve its functioning and efficiency. It can not be said that privatization would weaken the financial condition of government banks, it will depend upon the private party and the bank. So, argument 2 is not a strong point against the statement.

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