12th Class Economics Foreign Trade Question Bank Assertion - Reason - India's Foreign Trade (1947-1990)

  • question_answer
    Directions : Read the following statements: Assertion [A] and Reason [R].Choose one of the correct alternative.
    Assertion (A): Under the British rule, there was huge export surplus due to excess exports.
    Reason (R): India became an exporter of primary products and an importer of finished goods.

    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 :

    [a] Both Assertion [A] and Reason [R] are true and Reason [R] is the correct explanation of Assertion [A].


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