Assertion (A): ‘Balance of Payments’ represents

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Assertion (A): ‘Balance of Payments’ represents a better picture of a country’s economic transactions with the rest of the world than the ‘Balance of Trade’.

Reason (R): ‘Balance of Payments’ takes into account the exchange of both visible and invisible items whereas ‘Balance of Trade’ does not.

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[Economics Prelims 2000-2018 Part-2]

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

A और R दोनों व्यक्तिगत रूप से सत्य हैं और R, A की सही व्याख्या है

B Both A and R are individually true but R is not the correct explanation of A

A और R दोनों व्यक्तिगत रूप से सत्य हैं लेकिन R, A का सही विवरण नहीं है

C A is true but R is false

A सत्य है लेकिन R असत्य है

D A is false but R is true

A गलत है लेकिन R सत्य है

EXPLANATION

Balance of payments represent a better picture of a country’s economic ...

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