| Assertion [A] There was a significant need to introduce a policy measure which could improve the efficiency and productivity in an economy. |
| Reason [R] As a result, LPG model of growth was introduced in 1991 which provided a structural shift in the policy perspective of Indian economy. |
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, but 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
Correct Answer: A
Solution :
Both Assertion [A] and Reason [R] are true and Reason(R) is the correct explanation of Assertion [A]
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