Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative. |
Assertion (A): Government imposes heavy taxes on harmful products like tobacco and gives subsidies on LPG. |
Reason (R): In order to achieve goals of profit maximisation and social welfare. |
A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
B) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).
C) Assertion (A) is true but Reason (R) is false.
D) Assertion (A) is false but Reason (R) is true.
Correct Answer: A
Solution :
[a] Both Assertion(A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).You need to login to perform this action.
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