Albeit I. There is far too much at stake for New Delhi to stand by if the new government in Nepal which is clearly pro-China, starts playing Beijing's game in an Indian sphere of influence. It could do so by citing national interest as a cover for ideological affinity. II. The share of unbranded sales may witness a downtrend. This will happen even if slowly as a large percentage of aspirational consumers are no longer averse to the idea of opting for pricier and better quality product variants. III. China planning refugee camps on Korean border is an unusual occurrence. It looks like a tacit admission by China regarding instability in North Korea being increasingly likely.

• A. Only III
• B. Only I and II
• C. Only II and III
• D. None of the above
• E. All of the above