In the question given below there are 2

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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)- Special economic zones were set up in China, after the reform period in 1978.

Reason (R)- In the 1970s, nationalisation of capital goods industries took place in China.

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:

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

Explanation:

The correct option is: Option 3: (A) Is true but (R) is false.

Here's why:

Assertion (A) is true: Special Economic Zones (SEZs) were indeed established in China after the reform period, which began in 1978. This marked a shift towards a more open economy.
Reason (R) is false: In the 1970s, nationalisation of capital goods industries took place in Pakistan (NOT in CHINA as mentioned in the question).