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Assertion : Increase in the international crude oil price, increases India’s Import billReason : Crude Oil is an Inelastic good for India, and most of India’s crude oil requirements are met through Imports.Select the correct option below :a)Assertion is true and Reason is falseb)Reason is true and Assertion is falsec)Both are true and reason is the correct explanation of the Assertiond)Both are true but reason is not the correct explanation of AssertionCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Assertion : Increase in the international crude oil price, increases India’s Import billReason : Crude Oil is an Inelastic good for India, and most of India’s crude oil requirements are met through Imports.Select the correct option below :a)Assertion is true and Reason is falseb)Reason is true and Assertion is falsec)Both are true and reason is the correct explanation of the Assertiond)Both are true but reason is not the correct explanation of AssertionCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assertion : Increase in the international crude oil price, increases India’s Import billReason : Crude Oil is an Inelastic good for India, and most of India’s crude oil requirements are met through Imports.Select the correct option below :a)Assertion is true and Reason is falseb)Reason is true and Assertion is falsec)Both are true and reason is the correct explanation of the Assertiond)Both are true but reason is not the correct explanation of AssertionCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Assertion : Increase in the international crude oil price, increases India’s Import billReason : Crude Oil is an Inelastic good for India, and most of India’s crude oil requirements are met through Imports.Select the correct option below :a)Assertion is true and Reason is falseb)Reason is true and Assertion is falsec)Both are true and reason is the correct explanation of the Assertiond)Both are true but reason is not the correct explanation of AssertionCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Assertion : Increase in the international crude oil price, increases India’s Import billReason : Crude Oil is an Inelastic good for India, and most of India’s crude oil requirements are met through Imports.Select the correct option below :a)Assertion is true and Reason is falseb)Reason is true and Assertion is falsec)Both are true and reason is the correct explanation of the Assertiond)Both are true but reason is not the correct explanation of AssertionCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Assertion : Increase in the international crude oil price, increases India’s Import billReason : Crude Oil is an Inelastic good for India, and most of India’s crude oil requirements are met through Imports.Select the correct option below :a)Assertion is true and Reason is falseb)Reason is true and Assertion is falsec)Both are true and reason is the correct explanation of the Assertiond)Both are true but reason is not the correct explanation of AssertionCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Assertion : Increase in the international crude oil price, increases India’s Import billReason : Crude Oil is an Inelastic good for India, and most of India’s crude oil requirements are met through Imports.Select the correct option below :a)Assertion is true and Reason is falseb)Reason is true and Assertion is falsec)Both are true and reason is the correct explanation of the Assertiond)Both are true but reason is not the correct explanation of AssertionCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Assertion : Increase in the international crude oil price, increases India’s Import billReason : Crude Oil is an Inelastic good for India, and most of India’s crude oil requirements are met through Imports.Select the correct option below :a)Assertion is true and Reason is falseb)Reason is true and Assertion is falsec)Both are true and reason is the correct explanation of the Assertiond)Both are true but reason is not the correct explanation of AssertionCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Assertion : Increase in the international crude oil price, increases India’s Import billReason : Crude Oil is an Inelastic good for India, and most of India’s crude oil requirements are met through Imports.Select the correct option below :a)Assertion is true and Reason is falseb)Reason is true and Assertion is falsec)Both are true and reason is the correct explanation of the Assertiond)Both are true but reason is not the correct explanation of AssertionCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.