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DIRECTION: Mark the option which is most suitable:
Assertion : Reliance industries is a privately-owned firm.
Reason : Government is a major stakeholder is reliance industries.
  • a)
    If Both assertion and reason are true, and reason is the correct explanation of assertion.
  • b)
    If Both assertion and reason are true, but reason is not the correct explanation of assertion.
  • c)
    If Assertion is true, but reason is false.
  • d)
    If Both assertion and reason are false.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
DIRECTION: Mark the option which is most suitable:Assertion : Relian...
Reliance industry is a privately-owned firm as the assets and delivery of goods and services in Reliance is controlled by private individuals.
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Most Upvoted Answer
DIRECTION: Mark the option which is most suitable:Assertion : Relian...
Assertion: Reliance Industries is a privately-owned firm.
Reason: Government is a major stakeholder in Reliance Industries.

The correct answer for this question is option 'c', which states that the assertion is true, but the reason is false. Let's analyze why this answer is correct:

Explanation:

Ownership of Reliance Industries:
- Reliance Industries is indeed a privately-owned firm. It was founded by Dhirubhai Ambani in 1966 and is currently owned by his sons, Mukesh Ambani and Anil Ambani.
- The company started as a textile manufacturer but has diversified into various sectors, including petrochemicals, refining, oil, and gas exploration, telecommunications, retail, and more.

Government Stake in Reliance Industries:
- While it is true that the government has some stake in certain companies, it is not the case with Reliance Industries.
- Reliance Industries is a privately-owned company, and the government does not hold a major stake in it.
- The Ambani family and related entities own a significant majority of the company's shares.

Clarifying Assertion and Reason:
- The assertion states that Reliance Industries is a privately-owned firm, which is true.
- However, the reason provided to support the assertion is incorrect. The government is not a major stakeholder in Reliance Industries.
- Therefore, the reason does not correctly explain the assertion, leading to the correct answer being option 'c'.

Conclusion:
- Reliance Industries is indeed a privately-owned firm, and the government does not hold a major stake in the company.
- Therefore, the assertion is true, but the reason is false, making option 'c' the correct answer for this question.
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DIRECTION: Mark the option which is most suitable:Assertion : Reliance industries is a privately-owned firm.Reason : Government is a major stakeholder is reliance industries.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'C'. Can you explain this answer?
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DIRECTION: Mark the option which is most suitable:Assertion : Reliance industries is a privately-owned firm.Reason : Government is a major stakeholder is reliance industries.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'C'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about DIRECTION: Mark the option which is most suitable:Assertion : Reliance industries is a privately-owned firm.Reason : Government is a major stakeholder is reliance industries.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTION: Mark the option which is most suitable:Assertion : Reliance industries is a privately-owned firm.Reason : Government is a major stakeholder is reliance industries.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'C'. Can you explain this answer?.
Solutions for DIRECTION: Mark the option which is most suitable:Assertion : Reliance industries is a privately-owned firm.Reason : Government is a major stakeholder is reliance industries.a)If Both assertion and reason are true, and reason is the correct explanation of assertion.b)If Both assertion and reason are true, but reason is not the correct explanation of assertion.c)If Assertion is true, but reason is false.d)If Both assertion and reason are false.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 10. Download more important topics, notes, lectures and mock test series for Class 10 Exam by signing up for free.
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