Practicing Success
Given below are two statements Statement (I): The model of transition in Russia, Central Asia and East Europe that was influenced by the World Bank and the IMF, came to be known as the "Shock Therapy" Statement (II): The Shock Therapy varied in intensity and speed amongst the former second world countries In the light of the above statements, choose the correct answer from the options given below. |
Both Statement I and Statement II are correct Both Statement I and Statement II are incorrect Statement I is correct but Statement II is incorrect Statement I is incorrect but Statement II is correct |
Both Statement I and Statement II are correct |
The correct answer is Option 1- Both Statement I and Statement II are correct |