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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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment.
Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.
  • 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 'A'. Can you explain this answer?
Verified Answer
Direction: In the following questions, a statement of Assertion (A) i...
Economic Environment consists of factors like inflation rates, interest rates, consumers’ incomes, economic policies, market conditions, etc. which affect the performance of a business firm.
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Most Upvoted Answer
Direction: In the following questions, a statement of Assertion (A) i...
Explanation:

Factors affecting the economic environment:
- Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are all factors that can have a significant impact on the economic environment of a country.

Components of the economic environment:
- The economic environment consists of an economic system, economic policies, and economic conditions prevailing in a country. These components together shape the overall economic landscape of a nation.

Relationship between Assertion and Reason:
- The statement in Assertion (A) is true as it correctly identifies the various factors that influence the economic environment.
- The statement in Reason (R) is also true as it highlights the key components that make up the economic environment.
- Furthermore, the Reason provides a logical explanation for why the factors mentioned in the Assertion have an impact on the economic environment, thus establishing a direct relationship between the two statements.
Therefore, both Assertion (A) and Reason (R) are true, and Reason (R) is indeed the correct explanation of Assertion (A).
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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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. Can you explain this answer?
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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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. 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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. 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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. 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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. 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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. 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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. 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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. 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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. 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): Interest rates, taxes, inflation, stock market indices, value of rupee, personal disposable income, unemployment rate, etc. are the factors which affect the economic environment. Reason (R): The economic environment consists of an economic system, economic policies and economic conditions prevailing in a country.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 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
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