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Assertion (A): After independence there was an expansion, in farm and non-farm output, income and employment. - Economics

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Question

Assertion (A): After independence there was an expansion, in farm and non-farm output, income and employment.

Reason (R): Rural banking has helped farmers to avail benefits of credits facilities for meeting their needs.

Options

  • Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

  • Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

  • Assertion (A) is true and Reason (R) is false.

  • Assertion (A) is false and Reason (R) is true.

MCQ
Assertion and Reasoning
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Solution

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Explanation:

Rural banking has enabled farmers to take advantage of loan opportunities to suit their requirements. Following independence, agricultural and non-farm output, income, and employment increased rapidly.

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2021-2022 (December) Term 1
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