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0. Assertion (A). The industrial policy of 1991 initiated the liberalization of the Indian economy. Reason (R). Industrial growth was very slow before 1991.
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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