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Commerce · Q110

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 110

Q110

Consider the following statements. Assertion (A): The industrial growth in India has been hampered by the burden of many controls and regulations. Reason (R): The New Industrial Policy seeks to liberate the industry from the shackles of Licensing System

A.
Assertion (A) is correct, but Reason (R) is not correct
Answer
B.
Assertion (A) is correct and Reason (R) is right explanation of (A)
C.
Both Assertion (A) and Reason (R) are correct
D.
Both Assertion (A) and Reason (R) are incorrect

Answer: Option A

Solution

Answer: Option A
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