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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:
Assertion (A): Indian economy is marching ahead towards progress.
Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.
- 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.
Correct answer is option 'A'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) ...
Assertion (A): Indian Economy's Progress
The assertion states that the Indian economy is making progress. This is a widely accepted view due to various positive indicators reflecting economic growth and development in recent years.
Reason (R): Shifts in Economic Contributions
The reason provided explains that while agriculture's contribution to national income is declining, the contributions from industries and the service sector are increasing. This shift is a classic indicator of economic development, as economies tend to move from primary (agriculture-based) to secondary (industrial-based) and finally to tertiary (service-based) sectors as they develop.
Analysis of the Statements
- Both statements are true: Economic data supports the claim that the Indian economy is progressing, with significant growth in the industrial and service sectors.
- Correct explanation: The reason effectively explains why the assertion is true. The decline in agriculture's share coupled with the growth in other sectors signifies a structural transformation in the economy, which is a hallmark of development.
Conclusion
Given that both the assertion and reason are true, and the reason accurately explains the assertion, the correct answer is:
a) Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
This reflects a comprehensive understanding of the dynamics of the Indian economy and its developmental trajectory.
The assertion states that the Indian economy is making progress. This is a widely accepted view due to various positive indicators reflecting economic growth and development in recent years.
Reason (R): Shifts in Economic Contributions
The reason provided explains that while agriculture's contribution to national income is declining, the contributions from industries and the service sector are increasing. This shift is a classic indicator of economic development, as economies tend to move from primary (agriculture-based) to secondary (industrial-based) and finally to tertiary (service-based) sectors as they develop.
Analysis of the Statements
- Both statements are true: Economic data supports the claim that the Indian economy is progressing, with significant growth in the industrial and service sectors.
- Correct explanation: The reason effectively explains why the assertion is true. The decline in agriculture's share coupled with the growth in other sectors signifies a structural transformation in the economy, which is a hallmark of development.
Conclusion
Given that both the assertion and reason are true, and the reason accurately explains the assertion, the correct answer is:
a) Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
This reflects a comprehensive understanding of the dynamics of the Indian economy and its developmental trajectory.
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Directions: In the following questions, a statement of assertion (A) ...
The contribution of agriculture in national income is declining, But the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian economy.
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.Correct answer is option 'A'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.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 Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.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 Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.Correct answer is option 'A'. Can you explain this answer?.
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.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 Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.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 Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Indian economy is marching ahead towards progress.Reason (R): The contribution of agriculture in national income is declining but the contribution of industries and service sector is increasing continuously. It is an indicator of economic development of the Indian Economy.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.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
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