Question

Assertion (A): Since the 1990s, the government has followed a policy of liberalisation.

Reason (R): Licenses are no longer required to open industries.

पर्याय

• A and R are true and R is the correct explanation of A.

• Both A and R are true but R is not the correct explanation of A.

• A is true but R is false.

• A is false and R is true.

Answer 1

Both A and R are true but R is not the correct explanation of A.

Explanation:

The assertion is true because since 1991 the Indian government has adopted an overall policy of liberalisation. The reason is also broadly true (most industries no longer need licences), but this is only one aspect of liberalisation; the policy also includes reducing trade barriers, deregulation, privatisation, etc. So R does not fully explain A, hence option b.