In each question, a statement is followed by two arguments. You have to decide which of the following arguments are strong.

Statement: Should university professors in India be required to hold a doctorate degree?

Arguments:
I. Yes, professors with doctorate degrees can contribute significantly to academic research and innovation.
II. No, this requirement would exclude experienced professionals who may lack a doctorate but have practical knowledge and teaching skills.

Argument I: This is a valid argument. Having a doctorate often involves training in research methodologies, which is a key component of contributing to academic innovation. This point can be used to make a case for why holding a doctorate could be valuable. 

Argument II: This argument is also valid, as it highlights the potential downside of requiring a doctorate degree. Practical experience and teaching skills can be equally valuable, and such a requirement may limit the pool of capable candidates.

Therefore, Option C is the correct answer.