Indian Economy Reason Assertion Based Examples 2

REASON-ASSERTION BASED QUESTIONS

Choose the correct alternative from the following in each question given below:

(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true but Reason (R) is false.
(d) Assertion (A) is false but Reason (R) is true


(1) Assertion (A): During the initial phase of reforms, India opted for ‘import substitution industrialization.
Reason (R): Domestic industries were given protection from foreign competition to help them grow competitive.

Ans. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

(2) Assertion (A) With the introduction of railways, it becomes easy for the colonial government to administer different parts of the country and raw materials from India via the sea route.
Reason (R) Development of railways in India had led to a reduction in the cost of transportation for both passenger and goods traffic. Eventually, it become the cheapest mode of transportation.

Ans. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

(3) Assertion (A) British government had monopoly control over India’s foreign trade; they implemented discriminatory tariff policy to restrict trade from the rest of the world.
Reason (R) India’s trade surplus was used for payment of interest on loans, war expenses, salaries of staff by the colonial government to make India financially dependent on them.

Ans. Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

(4)Assertion (A) During the colonial period, Britishers had monopoly control over India’s foreign trade.
Reason (R) A discriminatory tariff policy leads to the drain of India’s wealth.

Ans. Assertion (A) is true but Reason (R) is false.

(5) Assertion (A) Globalisation is an outcome of liberalization and privatization.
Reason (R) As an outcome of globalization, developing countries like India has become outsourcing destination.

Ans. Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

(6) Assertion (A) India became an exporter of primary products and an importer of finished consumer and capital goods produced in Britain.
Reason (R) Restrictive policies of commodity production, trade, and tariff pursued by the colonial government adversely affected the structure, composition, and volume of India’s foreign trade.

Ans. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

(7) Assertion (A) The major policy initiatives i.e. land reforms and green revolution helped India to become self-sufficient in food grains production.
Reason (R) The proportion of people depending on agriculture did not decline as expected.

Ans. Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

(8) Assertion (A) Every year government fixes a target for disinvestment of Public Sector Enterprise (PSEs)
Reason (R) Disinvestment is an excellent tool for discarding the loss incurring Public sector Enterprises (PSEs)

Ans. Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

(9) Assertion (A) Demonetisation in India was an attempt by the government to curb black money.
Reason (R) Removal of legal tenders status of higher denominations leads to an increase in liquidity in the economy.

Ans. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

(10) Assertion (A) Right to Education Act was implemented in 2010.
Reason (R) This act provides Free and compulsory education for children between ages group 6-18

Ans. Assertion (A) is false but Reason (R) is true

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