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Question
Given below are two statements, one labeled as Assertion (A) and the other labelled as Reason (R):Assertion (A): An important policy instrument of economic liberalization is reduction in import duties on capital goods. Reason (R): Reduction in import duties would help the local entrepreneurs to improve technology to face the global markets.In the context of the above two statements, which one of the following is correct?
Options:
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 a correct explanation of A
C .  A is true but R is false
D .  A is false but R is true
Answer: Option A
:
A

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