Assertion (A) : The rate of inflation in India has come down

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M: +2.00/-0.50

Assertion (A) : The rate of inflation in India has come down in the last three years.

Reason (R): Foreign investment in the country is increasing rapidly during these years.

Select the correct answer from the codes given below:

Codes :

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

[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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