Economics · Indian Economy
Consider the following statements: Assertion (A): Chronic poverty is a major long-standing economic challenge facing India. Reason (R): British colonial economic policies institutionalized structural unemployment and de-industrialization in India.
- 1Both A and R are correct, and R is the correct explanation of A
- 2Both A and R are correct, but R is not the correct explanation of A✓
- 3A is correct, but R is incorrect
- 4A is incorrect, but R is correct
Correct answer
Both A and R are correct, but R is not the correct explanation of A
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