Test: Development Experience (1947-90) and Economic Reforms since 1991- Assertion & Reason Type Questions - Commerce MCQ

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): Green revolution though improved the production of crops but did not increase the income of the farmers.

Reason (R): The farmers sold more crops at a lesser price.

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): Economy cannot develop without industrial development.

Reason (R): Industrial development leads the economy to have high rate of employment and less poverty in the economy.

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): Small Scale Industries face a shortage of capital.

Reason (R): The government is reluctant in providing them any assistance and loans.

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): Foreign exchange crisis was the basis of economic policies of liberalisation, privatisation and globalisation.

Reason (R): During the fiscal year 1990-91, foreign exchange reserves fell to a lower level of rupee 2,400 crores, which was just enough for the payments of three weeks imports.

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): During British rule, India saw a huge drain of wealth.

Reason (R): India generated a large export surplus during the period.

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): Every year the government fixes a target for disinvestment of Public Sector Enterprises (PSEs).

Reason (R): Disinvestment is an excellent tool for discarding the loss incurred by Public Sector Enterprises (PSEs).

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): Navaratna Policy of the government helped in improving the performance of public sector undertakings in India.

Reason (R): Navaratna Policy boosted the public sector industries and helped them to produce more efficiently and also made them competitive in the market.

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): Import substitution leads to unfavourable foreign trade.

Reason (R): Import substitution leads the goods to be produced in the country itself.

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): Finished goods were exported from India during the Colonial Era.

Reason (R): India was a hub for raw materials for the British Industries.

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): Green revolution increased productivity due to the extensive use of fertilisers.

Reason (R): The government gives an economic subsidy to the fertilisers to ensure that farmers have adequate availability of fertilizers.

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): The major policy initiatives i.e. land reforms and green revolution helped India to become self-sufficient in food grains production.

Reason (R): The proportion of people depending on agriculture did not decline as expected.

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): Equity in agriculture called for land reforms which primarily refer to change of ownership from tillers to Zamindars.

Reason (R): The Zamindari system introduced by the British Raj led to the destruction of the agricultural sector in India so the land reforms had to be introduced.