UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Digital Economy and GST & Economic Survey - 2017

  • question_answer
    Consider the following assertion followed by reason and choose correct code given below -
    Assertion (A): The current account deficit has declined from 1.0 per cent of GDP in 201517 to reach about 0.3 per cent of GDP in the first half of 2016-17.
    Reason (R): Gold import declined in 201516 followed by decline in first half of 2016-17.
     

    A) Assertion and reason are correct and reason is the correct explanation of assertion

    B) Assertion and reason are correct and reason is not the correct explanation of assertion

    C) Assertion is correct but reason is incorrect

    D) Assertion is incorrect but reason is correct

    Correct Answer: A


You need to login to perform this action.
You will be redirected in 3 sec spinner