Question

One statement is given, and it is followed by two inferences numbered I and
II. Read the statement and decide which of the inferences is/are true for the given statement. Statements: Fuel prices in India are inflating day by day, and there is no upper limit in its price increases. Inferences:
I. Central and State governments have not cut down their respective taxes on fuel.
II. Inflation in the international market is influencing the rising fuel prices.

A Neither inference I nor II is true

B Only inference I is true

C Both inferences I and II are true

D Only inference II is true

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