CBSE 2025, Set 1

Question

Read the following statements - Assertion (A) and Reason (R). Choose the correct alternative from the options given below :

**Assertion (A):** Excessive regulation of permit license raj prevented certain private firms from becoming more efficient.
**Reason (R):** Private sector wasted a significant time in obtaining licenses rather than enhancing product quality and international competitiveness. 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 Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).. (A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Edvaya Target

Edvaya Aspire

Take a Free Mock Test

Target Subjects

Aspire Subjects

Subject Mastery

Economics > Indian Economic Development > Economic Reforms 1991

Keep Practicing

Current Question

Community Stats

Track Your Progress

Edvaya Target

We Value Your Privacy