CBSE 2024, Set 3

Question

Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A): The developmental experiences of India and Pakistan have a lot of similarities.
Reason (R): Both India and Pakistan laid emphasis on creating a large private sector. A). Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). B). Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A). C). Assertion (A) is true, but Reason (R) is false. D). Assertion (A) is false, but Reason (R) is true.

Edvaya · Accepted Answer

The correct answer is Assertion (A) is true, but Reason (R) is false.. Assertion (A) is true because India and Pakistan started their development journeys around the same time and adopted similar strategies like mixed economies and five-year plans. However, Reason (R) is false because, initially, both countries laid heavy emphasis on creating a large *public* sector, not a private sector, to drive growth.

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Economics > Indian Economic Development > Comparative Development Experiences

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