CBSE 2025, Compartment, Set 1

Question

Read the following statements: Assertion (A) and Reason (R) carefully. Choose the correct alternative from those given below:
Assertion (A): India and Pakistan adopted many similar strategies for their respective economic developmental paths.
Reason (R): In late 1970s, India and Pakistan came up with the policy of denationalisation of capital goods industries. 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, but 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 as both nations adopted a mixed economic model, focused on public-sector-led growth, and instituted five-year plans. However, Reason (R) is entirely false; in the late 1970s, Pakistan actually *nationalized* its capital goods industries, whereas India had heavily emphasized public sector expansion, not denationalisation at that time.

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Economics > Indian Economic Development > Comparative Development Experiences

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