General Studies · Entrepreneurship Development
Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R): Assertion (A): Screening of business ideas involves analyzing only the final financial statements of an already established firm. Reason (R): Screening helps identify and mitigate risks associated with a business idea, ensuring a higher chance of success. In light of the above statements, choose the correct answer:
- 1Both (A) and (R) are true, and (R) is the correct explanation of (A).
- 2Both (A) and (R) are true, but (R) is not the correct explanation of (A).
- 3(A) is true, but (R) is false.
- 4(A) is false, but (R) is true.✓
Correct answer
(A) is false, but (R) is true.
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