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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): India and Pakistan adopted the mixed economy model.
Reason (R): All the countries in the world were adopting mixed economy model.
- 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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Directions : In the following questions, a statement of Assertion (A...
After independence, India had the option of being a capitalist or a socialist economy. The leaders of independent India wanted to give importance to both public and private sectors and hence decided to adopted the mixed economy principle.
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Directions : In the following questions, a statement of Assertion (A...
Assertion (A): India and Pakistan adopted the mixed economy model.
Reason (R): All the countries in the world were adopting the mixed economy model.
The correct answer is option 'C', which states that Assertion (A) is true, but Reason (R) is false.
Explanation:
Mixed economy is an economic system that combines elements of both capitalism and socialism. In this system, the government and the private sector coexist and play a role in the economy. India and Pakistan are two countries that have adopted the mixed economy model. However, the reason provided in the statement is not correct. It is not true that all the countries in the world were adopting the mixed economy model.
Reason (R) is false:
Not all countries in the world have adopted the mixed economy model. There are various economic systems followed by different countries, including capitalism, socialism, and mixed economies. For example, the United States follows a capitalist economic system, while countries like China and Cuba have socialist economic systems. Therefore, Reason (R) is not a correct explanation for the adoption of the mixed economy model by India and Pakistan.
Assertion (A) is true:
India and Pakistan did adopt the mixed economy model. In India, after gaining independence in 1947, the government led by Jawaharlal Nehru implemented a mixed economy system. This involved a combination of public and private sectors, with the government playing a significant role in economic planning and development. Similarly, Pakistan also adopted a mixed economy model, with the government having control over key industries and sectors while allowing private enterprise to operate as well.
In conclusion, while Assertion (A) is true as India and Pakistan did adopt the mixed economy model, the Reason (R) provided is false as not all countries in the world were adopting the same economic system.
Reason (R): All the countries in the world were adopting the mixed economy model.
The correct answer is option 'C', which states that Assertion (A) is true, but Reason (R) is false.
Explanation:
Mixed economy is an economic system that combines elements of both capitalism and socialism. In this system, the government and the private sector coexist and play a role in the economy. India and Pakistan are two countries that have adopted the mixed economy model. However, the reason provided in the statement is not correct. It is not true that all the countries in the world were adopting the mixed economy model.
Reason (R) is false:
Not all countries in the world have adopted the mixed economy model. There are various economic systems followed by different countries, including capitalism, socialism, and mixed economies. For example, the United States follows a capitalist economic system, while countries like China and Cuba have socialist economic systems. Therefore, Reason (R) is not a correct explanation for the adoption of the mixed economy model by India and Pakistan.
Assertion (A) is true:
India and Pakistan did adopt the mixed economy model. In India, after gaining independence in 1947, the government led by Jawaharlal Nehru implemented a mixed economy system. This involved a combination of public and private sectors, with the government playing a significant role in economic planning and development. Similarly, Pakistan also adopted a mixed economy model, with the government having control over key industries and sectors while allowing private enterprise to operate as well.
In conclusion, while Assertion (A) is true as India and Pakistan did adopt the mixed economy model, the Reason (R) provided is false as not all countries in the world were adopting the same economic system.
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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): India and Pakistan adopted the mixed economy model.Reason (R): All the countries in the world were adopting mixed economy model.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 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): India and Pakistan adopted the mixed economy model.Reason (R): All the countries in the world were adopting mixed economy model.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 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): India and Pakistan adopted the mixed economy model.Reason (R): All the countries in the world were adopting mixed economy model.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?.
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): India and Pakistan adopted the mixed economy model.Reason (R): All the countries in the world were adopting mixed economy model.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 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): India and Pakistan adopted the mixed economy model.Reason (R): All the countries in the world were adopting mixed economy model.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 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): India and Pakistan adopted the mixed economy model.Reason (R): All the countries in the world were adopting mixed economy model.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?.
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): India and Pakistan adopted the mixed economy model.Reason (R): All the countries in the world were adopting mixed economy model.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? 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): India and Pakistan adopted the mixed economy model.Reason (R): All the countries in the world were adopting mixed economy model.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? defined & explained in the simplest way possible. Besides giving the explanation of
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