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Assertion (A): The Indian Rupee has depreciated against the US dollar over the last decade.
Reason (R): The depreciation of the rupee has led to significant improvements in India’s trade balance.
Which one of the following is correct in respect of the above statements?
  • a)
    Both A and R are true and R is the correct explanation for A
  • b)
    Both A and R are true but R is not the correct explanation for A
  • c)
    A is true but R is false
  • d)
    A is false but R is true
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Assertion (A): The Indian Rupee has depreciated against the US dollar ...
Assertion (A): Correct. The Indian Rupee has depreciated.
Reason (R): Incorrect. While depreciation can affect trade balance, it has not led to significant improvements in India’s case.
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Assertion (A): The Indian Rupee has depreciated against the US dollar over the last decade.Reason (R): The depreciation of the rupee has led to significant improvements in India’s trade balance.Which one of the following is correct in respect of the above statements?a)Both A and R are true and R is the correct explanation for Ab)Both A and R are true but R is not the correct explanation for Ac)A is true but R is falsed)A is false but R is trueCorrect answer is option 'C'. Can you explain this answer?
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