CUET Preparation Today
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)- "Dual price policy" in China was an attempt to encourage the industrialisation. Reason (R)- Chinese government was of the view that the best way for development was to gradually build up a free market system by keeping the existing planned economy alongside. |
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. |
Both (A) and (R) are true and (R) is the correct explanation. |
The correct answer is Option 1: Both (A) and (R) are true and (R) is the correct explanation. Assertion (A)- "Dual price policy" in China was an attempt to encourage the industrialisation. This is true. "Dual price policy" aimed at fixing the prices in two ways; farmers and industrial units were required to buy and sell fixed quantities of inputs and outputs on the basis of prices fixed by the government and the rest were purchased and sold at market prices Reason (R)- Chinese government was of the view that the best way for development was to gradually build up a free market system by keeping the existing planned economy alongside. This is also true. The reason provided in (R) accurately explains the rationale behind this policy, as the Chinese government aimed to transition toward a free market system while keeping the existing planned economy intact during the process. |
