1.  Statement : Domestic demand has been increasing faster than the production of indigenous crude oil.

Conclusions : 

I. Crude oil must be imported.
II. Domestic demand should be reduced.

A. Only conclusion I follows.
B. Only conclusion II follows.
C. Either I or II follows.
D. Neither I nor II follows.
E. Both I and II follows.

Answer: Option C

Explanation:

The statement mentions that demand for oil is increasing faster than the production. So, either the demand must be reduced or oil must be imported to cope with the increasing demand. Thus, either I or II follows.