Class 12 Exam  >  Class 12 Questions  >  Assertion (A): Make in India campaign initiat... Start Learning for Free
Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.
Resason (R): Inflow of foreign exchange improves the trade deficit of the country.
Alternatives
  • a)
    Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).
  • b)
    Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).
  • c)
    Assertion (A) is false, but Resason(R)istrue
  • d)
    Both are false
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Assertion (A): Make in India campaign initiated by the government lead...
Assertion (A): Make in India campaign initiated by the government leads to a rise in foreign exchange rate.

Reason (R): Inflow of foreign exchange improves the trade deficit of the country.

To understand the given assertion and reason, let's analyze each statement separately:

Assertion (A): Make in India campaign initiated by the government leads to a rise in foreign exchange rate.

The Make in India campaign is an initiative launched by the Government of India to promote manufacturing in India and attract foreign direct investment (FDI). The aim is to make India a global manufacturing hub and increase exports. The assertion states that this campaign leads to a rise in the foreign exchange rate.

Reason (R): Inflow of foreign exchange improves the trade deficit of the country.

Trade deficit refers to the difference between a country's exports and imports. If the value of imports is higher than the value of exports, the country has a trade deficit. The reason states that the inflow of foreign exchange improves the trade deficit of the country.

Explanation:

The assertion and reason are related to the impact of the Make in India campaign on the foreign exchange rate and trade deficit. However, they are not logically connected, and the reason does not provide a valid explanation for the assertion.

The Make in India campaign aims to increase manufacturing and exports, which can lead to an increase in foreign exchange earnings. When a country exports more goods, it receives payments in foreign currency, which increases its foreign exchange reserves. However, this does not necessarily lead to a rise in the foreign exchange rate.

The foreign exchange rate is determined by various factors such as supply and demand for a currency in the foreign exchange market, interest rates, inflation, and economic indicators. While an increase in foreign exchange earnings can contribute to a stronger currency, it is not the sole determinant of the exchange rate.

Similarly, the reason provided does not explain how the inflow of foreign exchange improves the trade deficit. The trade deficit is improved when a country's exports increase or imports decrease. The reason does not mention how the inflow of foreign exchange directly leads to a decrease in imports or an increase in exports.

Therefore, the correct answer is option 'C' - Assertion (A) is false, but Reason (R) is true. The reason does not provide a valid explanation for the assertion.
Free Test
Community Answer
Assertion (A): Make in India campaign initiated by the government lead...
Make in India Campaign leads to inflow of foreign currency. With inflow of foreign currency, supply of foreign exchange increases which further leads to fall in exchange rate.
Explore Courses for Class 12 exam
Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer?
Question Description
Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Assertion (A): Make in India campaign initiated by the government leads to rise in foreign exchange rate.Resason (R): Inflow of foreign exchange improves the trade deficit of the country.Alternativesa)Assertion (A) is true and Resason (R) is a correct reason of Assertion (A).b)Assertion (A) is true and Resason (R) is not a correct reason of Assertion (A).c)Assertion (A) is false, but Resason(R)istrued)Both are falseCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 12 tests.
Explore Courses for Class 12 exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev