Assertion (A) : During the year 2001-02, the value of India&

Economics

M: +2.00/-0.33

Assertion (A) : During the year 2001-02, the value of India's total exports declined, registering negative growth of 2.17%.

Reason (R) : During the year 2001-02, negative growth in exports was witnessed in respect of iron and steel, coffee, textiles and marine products.

I.A.S. (Pre) 2003

[External Sector - Trade, FDI, Debt]

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

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

A is true, but R is false

A is false, but R is true

EXPLANATION

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