12th Class Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Assertion and Reason MCQs - Indian Economy (1950-1990)

  • question_answer
    Assertion [A] Economic development encompasses economic growth.
    Reason [R] Economic development measures not only a sustained increase in GDP, but also a structural changes in the technical, economic and institutional spheres.

    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 :

    Economic Development is a broader concept than economic growth and considers not only the sustained increase in production but also the process of production and its distribution across various groups.


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