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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): Navaratna Policy of the government helped in improving the performance of public sector undertakings in India.
Reason (R): Navaratna Policy boosted the public sector industries and helped them to produce more efficiently and also made them competitive in the market.
  • 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 'B'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) ...
Navaratna Policy boosted the public sector industries as they were given greater managerial and operational autonomy.
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Directions: In the following questions, a statement of assertion (A) ...
Assertion (A): Navaratna Policy of the government helped in improving the performance of public sector undertakings in India.
Reason (R): Navaratna Policy boosted the public sector industries and helped them to produce more efficiently and also made them competitive in the market.

Explanation:

The Navaratna Policy was introduced by the Government of India in 1997 with the aim to grant greater autonomy and flexibility to selected public sector undertakings (PSUs) in order to improve their performance. Let's analyze the given assertion and reason in detail:

b Navaratna Policy and Improving Performance of PSUs
The Navaratna Policy has indeed played a significant role in improving the performance of public sector undertakings in India. Under this policy, certain PSUs were identified and given greater autonomy in decision-making, financial management, and human resource management. This enabled these PSUs to operate more efficiently and effectively.

b Boosting Public Sector Industries
The Navaratna Policy also aimed to boost the public sector industries by providing them with more competitive advantages. These advantages included the freedom to enter into joint ventures, form subsidiaries, and make strategic alliances with other domestic and international companies. This allowed the PSUs to expand their operations, diversify their product offerings, and enter into new markets.

b Enhanced Efficiency and Competitiveness
As a result of the Navaratna Policy, the selected PSUs were able to improve their efficiency and competitiveness. With greater autonomy and flexibility, these PSUs could adopt modern management practices, invest in technology and infrastructure, and focus on innovation and quality improvement. This ultimately led to increased productivity, cost-effectiveness, and customer satisfaction.

b Conclusion
Both the assertion and reason are true in this case. The Navaratna Policy did help in improving the performance of public sector undertakings in India. The reason provided correctly explains how the policy boosted the PSUs and made them more efficient and competitive in the market.

Therefore, the correct answer is option 'B' - Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).
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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): Navaratna Policy of the government helped in improving the performance of public sector undertakings in India.Reason (R): Navaratna Policy boosted the public sector industries and helped them to produce more efficiently and also made them competitive in the market.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 'B'. 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): Navaratna Policy of the government helped in improving the performance of public sector undertakings in India.Reason (R): Navaratna Policy boosted the public sector industries and helped them to produce more efficiently and also made them competitive in the market.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 '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 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): Navaratna Policy of the government helped in improving the performance of public sector undertakings in India.Reason (R): Navaratna Policy boosted the public sector industries and helped them to produce more efficiently and also made them competitive in the market.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 '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 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): Navaratna Policy of the government helped in improving the performance of public sector undertakings in India.Reason (R): Navaratna Policy boosted the public sector industries and helped them to produce more efficiently and also made them competitive in the market.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 'B'. Can you explain this answer?.
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