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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): The 1956 policy continued to constitute the basic economic policy for a long time.
Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of society
- 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) ...
Industrial Policy Resolution of 1956 (IPR 1956) is a resolution adopted by the Indian Parliament in April 1956. It was the first comprehensive statement on industrial development of India. The 1956 policy continued to constitute the basic economic policy for a long time. This fact has been confirmed in all the Five-Year Plans of India. According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of society. It provided more powers to the governmental machinery.
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Directions: In the following questions, a statement of assertion (A) ...
Understanding the Assertion and Reason
The assertion (A) states that the 1956 policy continued to be a fundamental economic policy for a significant duration, while the reason (R) explains that the goal of this policy was to establish a socialistic pattern of society in India.
Assertion (A) Analysis
- The 1956 policy, often referred to as the Second Five-Year Plan, emphasized heavy industry and aimed to foster a mixed economy.
- This policy laid the groundwork for India's economic planning and development strategies for many years.
- It reflects a commitment to creating a balanced economic environment that integrates both public and private sectors.
Reason (R) Analysis
- The reason provided highlights the objective of establishing a socialistic pattern in society as outlined in the 1956 policy.
- This objective was pivotal in shaping various economic reforms and legislations that followed, influencing both public and private sectors.
Connection Between Assertion and Reason
- Both the assertion and reason are true and connected.
- The assertion is validated by the reason as the 1956 policy's emphasis on a socialistic pattern directly influenced its long-term significance in India's economic landscape.
Conclusion
- Therefore, both assertion (A) and reason (R) are true, and reason (R) effectively explains why assertion (A) holds true.
- This leads us to the correct choice: option 'A', where both statements are true and the reason is a correct explanation of the assertion.
The assertion (A) states that the 1956 policy continued to be a fundamental economic policy for a significant duration, while the reason (R) explains that the goal of this policy was to establish a socialistic pattern of society in India.
Assertion (A) Analysis
- The 1956 policy, often referred to as the Second Five-Year Plan, emphasized heavy industry and aimed to foster a mixed economy.
- This policy laid the groundwork for India's economic planning and development strategies for many years.
- It reflects a commitment to creating a balanced economic environment that integrates both public and private sectors.
Reason (R) Analysis
- The reason provided highlights the objective of establishing a socialistic pattern in society as outlined in the 1956 policy.
- This objective was pivotal in shaping various economic reforms and legislations that followed, influencing both public and private sectors.
Connection Between Assertion and Reason
- Both the assertion and reason are true and connected.
- The assertion is validated by the reason as the 1956 policy's emphasis on a socialistic pattern directly influenced its long-term significance in India's economic landscape.
Conclusion
- Therefore, both assertion (A) and reason (R) are true, and reason (R) effectively explains why assertion (A) holds true.
- This leads us to the correct choice: option 'A', where both statements are true and the reason is a correct explanation of the assertion.
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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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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 2025 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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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 2025 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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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 2025 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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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 2025 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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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): The 1956 policy continued to constitute the basic economic policy for a long time.Reason (R) According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of societya)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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