Question

ASSERTION: The government may influence business operations through policymaking, taxation, and economic incentives.

REASONING: To foster a stable and fair business environment that benefits both the economy and society.

विकल्प

• A is true, and R is the correct explanation for A.

• A is true, and R is not the correct explanation for A.

• A is true, but R is false.

• A is false, but R is true.

Answer 1

A is true, and R is the correct explanation for A.

Explanation:

The government indeed shapes business through policymaking, taxation and economic incentives; these tools correct market failures, ensure competition, protect stakeholders, and create a stable, fair environment that supports economic growth and social welfare.