Economics · Indian Economy
Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R): Assertion (A): India's public sector played a pivotal role in the post-independence era in building a strong and sound heavy industrial base. Reason (R): The public sector operates under state control, and active state intervention through appropriate industrial policies and financial support enabled its rapid growth. Choose the most appropriate answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(A) is not correct but (R) is correct
- 2(A) is correct but (R) is not correct
- 3Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)
- 4Both (A) and (R) are correct and (R) is the correct explanation of (A)✓
Correct answer
Both (A) and (R) are correct and (R) is the correct explanation of (A)
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