Answer:
If the value of the resistance R is reduced, the current in the forward biased input circuit increases. The emitter current \[{{I}_{E}}\] and the collector current \[{{I}_{C}}({{I}_{C}}={{I}_{E}}-{{I}_{B}})\] both increase. The lamp L glows more brilliantly. Due to the increase in \[{{I}_{C}}\], the potential drop cross the lamp L increases and hence the voltmeter V indicates a higher voltage.
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