Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative given below:
Assertion (A): The excessive regulation of permit license raj prevented certain private firms from becoming fairly competitive.
Reason (R): Private sector wasted huge amounts in obtaining licenses rather than on improving the product quality and international competitiveness.
Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative given below:
Assertion (A): The excessive regulation of permit license raj prevented certain private firms from becoming fairly competitive.
Reason (R): Private sector wasted huge amounts in obtaining licenses rather than on improving the product quality and international competitiveness.
Show Hint
- Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
- Both Assertion (A) and Reason (R) are true, but Reason (R) is {not} the correct explanation of Assertion (A).
- Assertion (A) is true, but Reason (R) is false.
- Assertion (A) is false, but Reason (R) is true.
The Correct Option is A
Solution and Explanation
Assertion (A): Permit license raj hindered private sector growth, limiting competitiveness.
Reason (R): Resources were diverted towards obtaining licenses rather than innovation and quality improvement.
Conclusion: Both are correct, and Reason (R) explains Assertion (A).
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