Classical

Business Environment - Business Environment Multiple Choice Questions

51:  
Assertion (A). Domestic competition has increased since 1991.
Reason (R). Except for 7 industries, rest has delicensed.
A.
Both (A) and (R) are true and (R) is the correct explanation of (A).
B.
Both (A) and (R) are true but (R) is not the correct explanation of (A).
C.

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

D.

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

 
 

Option: A

Explanation :


52:  
Assertion (A). Broad bonding of industries was intended to enable the manufacturers to change their product mix rapidly to match changes in demand patterns.
Reason (R). Mandatory convertibility clause provided public finance institutions with an option of converting part of their loans into equity.
A.
Both (A) and (R) are true and (R) is the correct explanation of (A).
B.
Both (A) and (R) are true but (R) is not the correct explanation of (A).
C.

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

D.

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

 
 

Option: B

Explanation :




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