Current Affairs · Indian Economic Indicators
Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): The all-India annual unemployment rate (UR) for individuals aged 15 years and above (usual status) declined steadily from 6.0 percent in 2017-2018 to 3.2 percent in 2023-2024. Reason (R): According to RBI data, India's foreign exchange reserves on December 26, 2025, stood at around 693 billion dollars. In the light of the above statements, choose the most appropriate answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 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)✓
- 3(A) is correct but (R) is not correct
- 4(A) is not correct 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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