Assertion (A) : Between October 2009 and February 2010 the i

471

M: +2.00/-0.50

Assertion (A) : Between October 2009 and February 2010 the inflation rate in India was negative.

Reason (R) : Petrol price had come down from 140 $ a barrel to 30 $ a barrel in the global market.

Select the correct answer from the codes given below :

Codes :

U.P. U.D.A./L.D.A. (Pre) 2010

[Fiscal Policy, Inflation Planning and Banking]

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.

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