| Assertion [A] As an immediate measure to resolve the financial crisis, India devalued its currency in 1991. |
| Reason [R] This allowed India to meet its import bill and resolve the BoP deficit. |
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]
You need to login to perform this action.
You will be redirected in
3 sec
