UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Digital Economy and GST & Economic Survey - 2017

  • question_answer
          Consider the following Assertion and Reason (R) and choose the correct code given below:
    Assertion (A): During the boom years between 20032011 India?s real GDP growth averaged 8.2 per cent
    Reason (R): During the boom years between 2003 2011 exports grew at an annual rate of between 20 and 25 per cent (in real dollar terms, for goods and services).

    A) Assertion and reason are correct and reason is the correct explanation of assertion

    B) Assertion and reason are correct and reason is not the correct explanation of assertion

    C) Assertion is correct but reason is incorrect

    D) Assertion is incorrect but reason is correct

    Correct Answer: B


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