CUET Preparation Today
Two statements are given, one is labelled as Assertion (A) and the other as Reason (R): |
Both (A) and (R) are true and (R) is the correct explanation for (A) Both (A) and (R) are true and (R) is not the correct explanation for (A) (A) is true , but (R) is false (A) is false but (R) is true |
(A) is false but (R) is true |
The correct answer is Option 4: (A) is false but (R) is true. Assertion (A): As private investment is given a greater role in economic development, considerations of regional equity get a boost. — False. Giving a greater role to private investment does not strengthen regional equity. Private investors generally invest where returns are higher, which may increase regional disparities rather than reduce them. Reason (R): Private investors generally want to invest in already developed States where the infrastructure and other facilities are better. — True. Private investors prefer regions with better infrastructure, markets, skilled labour, and supporting facilities because these reduce costs and increase profitability. NCERT: Since the era of liberalisation (i.e., since the 1990s) there is concern among policy makers, politicians and scholars about increasing inter-regional economic and infrastructural inequalities. As private investment (both foreign and Indian) is given a greater role in economic development, considerations of regional equity get diluted. This happens because private investors generally want to invest in already developed States where the infrastructure and other facilities are better. |
