Consider the following statements : Statement-I : Recently,

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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 ?

[UPSC PRELIMS GS 1 2024]

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

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

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

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

EXPLANATION

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