Consider the following statements :Statement-I :Recently, Venezuela has achieved a rapid recovery from its economic crisis and succeeded in preventing its people from fleeing/emigrating to other countries.Statement-II :Venezuela has the world's largest oil reserves.Which one of the following is correct in respect of the above statements ?

1. A

   Both Statement-I and Statement-II are correct and Statement- II explains Statement-I

   Both correct and II explains I. Venezuela has not “rapidly recovered” or stopped emigration.

2. B

   Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

   Both correct but II does not explain I. I is false.

3. C

   Statement-I is correct, but Statement-II is incorrect

   I correct, II incorrect. I is the false limb; oil reserves are the world’s largest.

4. D

   Statement-I is incorrect, but Statement-II is correct

   I incorrect, II correct. Crisis and emigration continue; reserves are vast.

Summary. Official key is (d). Venezuela has the world’s largest proven oil reserves — Statement-II is true. It has not achieved a rapid recovery that stopped people leaving; millions remain abroad. Statement-I is false, so II cannot explain I.