Assertion (A) : The Indian Economy has experienced recession

M: +2.00/-0.67

Assertion (A) : The Indian Economy has experienced recession in the fiscal year 1997-98.

Reason (R) : There has been a fall in the public investment in the recent past.

Select the correct answer from the codes given below:

Code :

U.P.P.C.S. (Pre) 1998

[Economic Development - Nature, GDP]

Both (A) and (R) are true and (R) is the correct explanation of (A)

Both (A) and (R) are true but (R) is not the correct explanation of (A)

(A) is true, but (R) is false

(A) is false, but (R) is true.

...

View Full Explanation