Statement: Should there be a ceiling on the salary of top executives of multinationals in our country? Arguments: Yes. Otherwise it would lead to unhealthy competition and our own industry would not be able to withstand that. No. With the acc

In the absence of such a ceiling, the companies would be involved in a mutual competition of salaries, in a bid to attract the most competent professionals. So, argument I holds. Also, the prospects of increase in salary would encourage the officials to perform better in the interest of the company they serve, which would otherwise not be so if a ceiling is imposed. So, argument II also holds strong.