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 and Reason (R) and choose the correct code given below -
    Assertion (A): State government finances are under stress now a days.
    Reason (R): The consolidated deficit of the states has increased steadily in recent years, rising from 2.5 per cent of GDP in 2014-15 to 3.6 percent of GDP in 2015-16.

    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