Practicing Success
Practicing Success
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)- China follows a socialist economic system, where as India and Pakistan follow mixed economic system. Reason (R)- Capitalism means when the state has control over all the production activities whereas, in socialism, the market forces of demand and supply determines the prices of products. |
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. |
(A) Is true but (R) is false. |
Socialism means when the state has control over all the production activities whereas, in capitalism, the market forces of demand and supply determines the prices of products. China follows socialistic principles whereas, India and Pakistan follow mixed principles of both socialism and capitalism. |
