Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Comparative Development Experiences of India and its Neighbours

Question:

In the question given below there are 2 statements marked as Assertion (A) and Reason (R). Choose the correct alternative from the following options.

Assertion (A)- China has used the market mechanism to create additional social and economic opportunities, in 1978.

Reason (R)- China had ensured social security in rural areas, during reform period in 1978.

Options:

Both (A) and (R) are true and (R) is the correct explanation.

Both (A) and (R) are true but (R) is not the correct explanation of (A).

(A) Is true but (R) is false.

(A) Is false but (R) is true.

Correct Answer:

Both (A) and (R) are true but (R) is not the correct explanation of (A).

Explanation:

China used "Dual policy" initiative to create additional social and economic opportunities with the help of market mechanism. Also, by retaining collective ownership of land and allowing individuals to cultivate lands, China has ensured social security in rural areas.