Study the given table and answer the question that follows: CRUDE OIL RESERVES Read the following possible outcomes from the table and choose the…

Study the given table and answer the question that follows : CRUDE OIL RESERVES

Region/Country	Reserves ($\displaystyle 2017$) (Thousand Million Barrels)	Number of Years Reserves will last
Middle East	$\displaystyle 808$	$\displaystyle 70$
United States of America	$\displaystyle 50$	$\displaystyle 10.5$
World Average	$\displaystyle 1697$	$\displaystyle 50.2$

Read the following possible outcomes from the table and choose the correct option : I. If crude oil continues to be extracted at the present pace, it would be exhausted in about $\displaystyle 50$ years. II. In Middle Eastern Countries it may take longer than average of the world. III. To ensure the availability of crude oil in future, its reuse and recycle policy should be adopted. IV. In United States of America, Crude oil is likely to run out in just about $\displaystyle 10$ years. Option :