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)- There has been an economic transformation taking place in different countries across the globe, within last two decades.
Reason (R)- The economic transformation that is taking place is due to privatisation policies.
Answer & explanation
Correct answer: option 3
Over the last two decades or so, the economic transformation that is taking place in different countries across the world, is partly because of the process of globalisation.