Top 25 Indian Economy Reason Assertion Based Examples 5

Reason Assertion Based Examples

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.

Or

  • Both the statements are True.
  • Both the statements are False.
  • Statement 1 is True and Statement 2 is false.
  • Statement 2 is true and Statement 1 is false.

(1) Assertion (A): Green Revolution increased the production of food grains.

Reason (R): The use of fertilizers and HYV seeds helped to increase production.

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

(2) Assertion (A): All before demonetization has occurred in the context of hyperinflation, wars, political upheavals or other extreme circumstances.

Reason (R): Discontinuing the big notes boosted the economy

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

(3) Assertion (A): India and Pakistan adopted the mixed economy model

Reason (R): All the countries in the world were adopting the mixed economy model

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

(4) Assertion (A): Dual price policy in China was an attempt to encourage industrialization.

 Reason (R): Special economic zones were an attempt to attract foreign capital to the country.

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

(5) Assertion (A): China has done better than India and Pakistan, as it is a socialist economy.

Reason (R): In socialism, the government can implement policies that are in the best interest of the people.

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

(6) Assertion (A): Capitalist economies foster self-interest and push economic growth.

Reason (R): Market economics makes the best use of available resources for economic growth.

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

(7) Assertion (A): India is considered a favorite outsourcing destination leading to an increase in foreign exchange reserves.

Reason (R): India’s growth rate of population is one major concern that makes this country’s labor cost-efficient.

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

(8) Assertion (A): Britishers pursued a ‘dual motive’ strategy to de-industrialize India’s handicraft industry.

Reason (R): India become a mere exporter of raw materials and importer of finished goods.

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

(9) Assertion(A): GLF campaign initiated in 1958 aimed at industrializing by removing the agriculture sector.

Reason (R): Under the commune system, farmers opted for cooperative farming methods.

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

(10) Assertion (A): Lack of training in farming activity leads to low productivity and growth of agriculture in India.

Reason (R): Reforms in India focused upon the development of industries which was failed to generate enough employment.

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

(11) Assertion (A): Environmentalists have used the term ‘sustainability in an attempt to classify the defined balance between economic growth on one hand and environment conservation on the other hand.

Reason(R): A development path is sustainable if the stock of overall capital assets remains constant or increases over time.

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

(12) Assertion (A): Infrastructure is the basic fundamental structure of the economic development of a country.

Reason (R): Economic impact has a direct bearing on the production activity of an economy.

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

(13) Statement 1: Rapid expansion of the banking system had a positive effect on rural farm and non-farm output, income, and employment.

Statement 2: Expansion and promotion of the rural banking sector have taken a backseat after reforms.

Ans. Both the statements are True.

(14) Assertion (A): Change in the cropping pattern and shift of workforce from agriculture to other allied activities is required in rural areas.

Reason (R): Diversification reduces the risk from the agriculture sector and provides productive sustainable livelihood options to rural people.

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

(15) Assertion (A): Health expenditure is an important source of human capital formation.

Reason (R): Health expenditure directly increases the supply of a healthy labor force whose contribution to the economic growth is more than that of an unhealthy labor force.

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

(16) Assertion (A): During 1950- 1990, the Public sector was given a leading role in industrial development.

Reason (R): Private sector was kept under state control through the system of licenses during this period.

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

(17) Assertion (A): One of the measures taken by the government to improve agricultural marketing is the regulation of markets.

Reason (R): Regulated markets protect farmers from the malpractices of traders and benefits farmers as well as consumers.

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

(18) Statement 1: Rapid increase in economic growth surely trickles down to the people under the absolutely poor category.

Statement 2: Population growth has resulted in very low growth in per capita income.

Ans. Statement 2 is true and Statement 1 is false.

(19) Assertion (A): Modernization as a planning objective shows a dichotomy with the goal of employment generation.

Reason (R): Modern technology requires lesser labor per unit of output.

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

(20) Assertion (A): In July 1991, India made revolutionary changes in its economic policy.

Reason (R): There was a severe Balance of payment crisis and the problem of the slow rate of growth in India as compared to other countries in the pre- 1991 period.

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

(21) Statement 1: Indian rupee was devalued against foreign currencies in 1991.

Statement 2: Devaluation of rupee resulted in an inflow of foreign exchange.

Ans. Both the statements are True.

(22) Statement 1: The objective of WTO is to establish a trading regime in which nations can place arbitrary restrictions on trade.

Statement 2: India has kept its commitment towards liberalization of trade, made in WTO, by removing quantitative restrictions on imports and reducing tariff rates.

Ans. Statement 2 is true and Statement 1 is false.

(23) Statement 1: Every year, the government fixes a target for disinvestment of Public Sector Enterprises (PSEs).

Statement 2: The proceeds from disinvestment are generally used to offset the shortage of government revenues rather than using it for the development of PSEs and building social infrastructure in the country.

Ans. Both the statements are True.

(24) Assertion (A): Government intervention is essential in the education and health service markets in India.

Reason (R): Education and health services create both private and social benefits.

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

(25) Statement 1: The stagnation in agriculture during the colonial rule was permanently broken by the green revolution.

Statement 2: The proportion of GDP contributed by agriculture increased and the population depending on it declined significantly during 1950- 90.

Ans. Statement 2 is true and Statement 1 is false.


Reason Assertion Based Examples

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