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Assertion: Most of these economies, especially Russia, started reviving in 2000, ten years after their independence
Reason: Export of natural resources like oil, natural gas and minerals increased
Select the correct code:
  • a)
    Both A and R are true and R is the correct explanation of A.
  • b)
    Both A and R are true but R is not a correct explanation of A.
  • c)
    A is true but R is false
  • d)
    A is false but R is true
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Assertion: Most of these economies, especially Russia, started revivi...
Most of these economies, especially Russia, started reviving in 2000, ten years after their independence.
The reason for the revival for most of their economies was the export of natural resources like oil, natural gas and minerals. Azerbaijan, Kazakhstan, Russia,Turkmenistan and Uzbekistan are major oil and gas producers. Other countries have gained because of the oil pipelines that cross their territories for which they get rent. Some amount of manufacturing has restarted.
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Most Upvoted Answer
Assertion: Most of these economies, especially Russia, started revivi...
Explanation:

Background:
- Many economies, especially those of former Soviet Union countries like Russia, faced significant challenges after gaining independence in the early 1990s.
- The transition from a centrally planned economy to a market economy was difficult and led to economic hardships for many of these nations.

Assertion:
- Most of these economies, including Russia, started reviving around the year 2000.
- This revival was marked by an increase in economic growth and stability.

Reason:
- The reason behind this revival was the increase in the export of natural resources such as oil, natural gas, and minerals.
- The demand for these resources on the global market led to increased revenues for countries like Russia, contributing to their economic recovery.

Correct Explanation:
- The assertion and reason are both true, and the reason indeed explains why these economies started reviving around 2000.
- The export of natural resources played a crucial role in boosting these economies and driving their growth after a period of economic struggle.
Therefore, option 'A' is the correct choice as both the assertion and reason are true, and the reason correctly explains the assertion.
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Assertion: Most of these economies, especially Russia, started reviving in 2000, ten years after their independenceReason: Export of natural resources like oil, natural gas and minerals increased Select the correct code:a) Both A and R are true and R is the correct explanation of A.b) Both A and R are true but R is not a correct explanation of A.c) A is true but R is falsed) A is false but R is trueCorrect answer is option 'A'. Can you explain this answer?
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Assertion: Most of these economies, especially Russia, started reviving in 2000, ten years after their independenceReason: Export of natural resources like oil, natural gas and minerals increased Select the correct code:a) Both A and R are true and R is the correct explanation of A.b) Both A and R are true but R is not a correct explanation of A.c) A is true but R is falsed) A is false but R is trueCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Assertion: Most of these economies, especially Russia, started reviving in 2000, ten years after their independenceReason: Export of natural resources like oil, natural gas and minerals increased Select the correct code:a) Both A and R are true and R is the correct explanation of A.b) Both A and R are true but R is not a correct explanation of A.c) A is true but R is falsed) A is false but R is trueCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assertion: Most of these economies, especially Russia, started reviving in 2000, ten years after their independenceReason: Export of natural resources like oil, natural gas and minerals increased Select the correct code:a) Both A and R are true and R is the correct explanation of A.b) Both A and R are true but R is not a correct explanation of A.c) A is true but R is falsed) A is false but R is trueCorrect answer is option 'A'. Can you explain this answer?.
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