12th Class Economics Liberalisation, Privatisation and Globalisation Question Bank Assertion and Reason MCQs - Liberalisation, Privatisation and Globalisation

  • question_answer
    Assertion [A] Agriculture sector experienced an increase in growth during the reform period.
    Reason [R] Decline in public investment and removal of fertilizer subsidy adversely affected the status of agriculture.

    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: D

    Solution :

    Agriculture sector experienced a decline in growth rate from 3.6% in 1980-91 to 3.2% in 2007-12.


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