Read the following statements and choose the correct option.

Assertion: Making decisions is an important component of planning.
Reasoning:. When there is just one possibility left only then planning is required.

Assertion (A) is true but Reasoning (R) is not correct.

The correct answer is option 3 i.e. Assertion (A) is true but Reasoning (R) is not correct.

The assertion states that making decisions is an important component of planning, which is accurate. Planning involves the process of setting goals, evaluating options, and making decisions on how to achieve those goals.

However, the reasoning suggests that planning is only required when there is just one possibility left. This reasoning is not correct because planning is necessary in various situations, even when multiple possibilities or options exist. Planning helps organizations and individuals navigate through uncertainties and choose the best course of action to achieve their objectives. Therefore, while making decisions is a crucial aspect of planning, planning is not limited to situations with only one possibility.