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Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Understanding of legal knowledge is a pre-requisite for the smooth functioning of business and industry.Reason (R): Legal environment includes various legislations passed by the Government, administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government; Centre, State or Local.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 the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Understanding of legal knowledge is a pre-requisite for the smooth functioning of business and industry.Reason (R): Legal environment includes various legislations passed by the Government, administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government; Centre, State or Local.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 the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Understanding of legal knowledge is a pre-requisite for the smooth functioning of business and industry.Reason (R): Legal environment includes various legislations passed by the Government, administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government; Centre, State or Local.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 the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'B'. Can you explain this answer?.

Solutions for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Understanding of legal knowledge is a pre-requisite for the smooth functioning of business and industry.Reason (R): Legal environment includes various legislations passed by the Government, administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government; Centre, State or Local.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 the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Understanding of legal knowledge is a pre-requisite for the smooth functioning of business and industry.Reason (R): Legal environment includes various legislations passed by the Government, administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government; Centre, State or Local.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 the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Understanding of legal knowledge is a pre-requisite for the smooth functioning of business and industry.Reason (R): Legal environment includes various legislations passed by the Government, administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government; Centre, State or Local.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 the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Understanding of legal knowledge is a pre-requisite for the smooth functioning of business and industry.Reason (R): Legal environment includes various legislations passed by the Government, administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government; Centre, State or Local.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 the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Understanding of legal knowledge is a pre-requisite for the smooth functioning of business and industry.Reason (R): Legal environment includes various legislations passed by the Government, administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government; Centre, State or Local.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 the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Understanding of legal knowledge is a pre-requisite for the smooth functioning of business and industry.Reason (R): Legal environment includes various legislations passed by the Government, administrative orders issued by government authorities, court judgments as well as the decisions rendered by various commissions and agencies at every level of the government; Centre, State or Local.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 the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.