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Assertion (A): Health services are an example of consumer service. Reason (R): Banking services are an example of productive services. - Economic Applications

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Question

Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Health services are an example of consumer service.

Reason (R): Banking services are an example of productive services.

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 but Reason (R) is false.

  • Assertion (A) is false but 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 not the correct explanation of Assertion (A).

Explanation:

  • Assertion (A): Health services are an example of consumer service. This is true because consumer services are provided directly to individuals to satisfy their needs, such as health services.
  • Reason (R): Banking services are an example of productive services. This is also true because productive services help produce goods and services, often serving other sectors, and banking supports economic activities and production.
  • However, the reason is not a correct explanation of the assertion because health services and banking services belong to different service categories and the reason does not explain why health services are consumer services.
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Chapter 8: Main Sectors of Indian Economy : Services - QUESTIONS [Page 103]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 8 Main Sectors of Indian Economy : Services
QUESTIONS | Q 2. | Page 103
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