Privatization would no doubt lead to better services. But saying that this is the 'only way' is wrong. So, argument I does not hold. Argument II also seems to be vague.
.Statement: Should the railways in India be privatized in a phased manner like other public sector enterprises? Arguments: I. Yes. This is the only way to bring in competitiveness and provide better services to the public. II. No. This will pose a threat to the national security of our country as multinationals will enter into the fray.
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Question context
This question is part of 🧩 Logical Reasoning within the broader 🧠 Aptitude Mastery subject and appears in the DemoPaper-Pakistan preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.