December 2014

1:

Assertion (A) : The impact of depreciating Indian Rupee leads to less competition for Indian firms from imports.

Reason (R): The depreciating Indian Rupee results in downward pressure on inflation.

Select the correct code :

A.

Both (A) and (R) are correct.

B.

(A) is false, but (R) is correct.

C.

Both (A) and (R) are false.

D.

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

 

Answer : C

Explanation :

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Option: A

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