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?
Answer: Option A
:
A
Was this answer helpful ?
:
A
Was this answer helpful ?
More Questions on This Topic :
Question 2.
Discomfort index is
....
Question 3.
Open Market Operations are:
....
Question 8.
Hawala transactions relate to payments
....
Question 9.
Tobin Tax refers to:
....
Submit Solution