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Commerce · Q223

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 223

Q223

For the following statements of Assertion (A) and Reason (R), indicate the correct answer: Assertion (A): Liberalization means corporatization of departmental undertakings and public undertakings. Reason (R): Freedom to public sector undertakings to access capital market.

A.
Both (A) and (R) are true and (R) is correct explanation of (A)
Answer
B.
Both (A) and (R) are true but (R) is not a correct explanation of (A)
C.
(A) is true but (R) is false
D.
(A) is false but (R) is true

Answer: Option A

Solution

Answer: Option A
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