Economics · Economy
Given below are two statements, one labelled as Assertion (A) and the other as Reason (R): Assertion (A): The phrase 'quid pro quo' is applicable to Special Assessment. Reason (R): Special Assessment is a compulsory contribution levied in proportion to the special benefit derived. Select the correct answer using the codes given below:
- 1(A) is false and (R) is true
- 2(A) is true and (R) is false
- 3Both (A) and (R) are true and (R) is not the correct explanation of (A)✓
- 4Both (A) and (R) are true and (R) is the correct explanation of (A)
Correct answer
Both (A) and (R) are true and (R) is not the correct explanation of (A)
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