Conversely I. Major trading powers treat China as a non-market economy. Major trading powers would insist on ascertaining the value of goods with reference to prices in a third country to ensure that domestic firms do not gain an unfair trade advantage. II. India’s top 1 per cent now hold 58 per cent of the country’s total wealth according to an Oxfam study. Inequity does not augur well as it is as much a global concern as illicit wealth. III. When the night skies are cloudy, the blanket of clouds prevents the terrestrial radiation from the earth's surface to escape into the atmosphere, which warms up the night. When day skies are cloudy, it prevents solar radiation from reaching the earth's surface, leading to lower maximum temperature.

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