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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): In initial phase in China, reforms were initiated in agriculture, foreign trade and investment sectors.
Reason (R): India and Pakistan were busy fighting wars with each other.
  • a)
    Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).
  • b)
    Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the 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 'C'. Can you explain this answer?
Verified Answer
Directions : In the following questions, a statement of Assertion (A...
Reforms were introduced in phases in China. In the first phase, reforms were initiated in agriculture, foreign trade and investment sector.
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Directions : In the following questions, a statement of Assertion (A...
Assertion (A): In initial phase in China, reforms were initiated in agriculture, foreign trade and investment sectors.

Reason (R): India and Pakistan were busy fighting wars with each other.

The correct answer is option 'C' - Assertion (A) is true, but Reason (R) is false.

Explanation:
Context:
The statement of Assertion (A) states that in the initial phase in China, reforms were initiated in agriculture, foreign trade, and investment sectors. The statement of Reason (R) suggests that India and Pakistan were busy fighting wars with each other.

Explanation of Assertion (A):
China started implementing reforms in the late 1970s under the leadership of Deng Xiaoping. These reforms, known as the "Chinese Economic Reform," aimed to transition China from a centrally planned economy to a market-oriented economy. The reforms encompassed various sectors, including agriculture, foreign trade, and investment. In agriculture, the collective farming system was replaced by the household responsibility system, which allowed farmers to have more control over their land and production. In foreign trade, China began opening up its economy to international trade and investment, leading to increased foreign direct investment and export-oriented growth.

Explanation of Reason (R):
The reason given in Reason (R) is incorrect. The reforms in China were not influenced by the conflicts between India and Pakistan. These two countries fought wars, such as the Indo-Pakistani wars of 1965 and 1971, which were unrelated to the economic reforms initiated by China. The Chinese reforms were primarily driven by the need to improve the country's economic conditions and increase its global competitiveness.

Conclusion:
The correct answer is option 'C' - Assertion (A) is true, but Reason (R) is false. The reforms initiated in China in the initial phase did include agriculture, foreign trade, and investment sectors, but they were not influenced by the conflicts between India and Pakistan.
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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): In initial phase in China, reforms were initiated in agriculture, foreign trade and investment sectors.Reason (R): India and Pakistan were busy fighting wars with each other.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the 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 'C'. Can you explain this answer?
Question Description
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): In initial phase in China, reforms were initiated in agriculture, foreign trade and investment sectors.Reason (R): India and Pakistan were busy fighting wars with each other.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the 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 'C'. 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): In initial phase in China, reforms were initiated in agriculture, foreign trade and investment sectors.Reason (R): India and Pakistan were busy fighting wars with each other.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the 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 'C'. 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): In initial phase in China, reforms were initiated in agriculture, foreign trade and investment sectors.Reason (R): India and Pakistan were busy fighting wars with each other.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the 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 'C'. Can you explain this answer?.
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