Practicing Success

Target Exam

CUET

Subject

Sociology

Chapter

Indian Society: Market as a social Institution

Question:
Two statements are given, one is labelled as Assertion (A) and the other as Reason (R):
Assertion (A) A central feature of globalisation is the increasing extension and integration of markets around the world.
Reason (R). Changes in a market in one part of the globe may have a profound impact somewhere else far away.
Options:
Both (A) and (R) are true and (R) is the correct explanation for (A)
Both (A) and (R) are true and (R) is not the correct explanation for (A)
(A) is true , but (R) is false
(A) is false but (R) is true
Correct Answer:
Both (A) and (R) are true and (R) is the correct explanation for (A)
Explanation:
A central feature of globalisation is the increasing extension and integration of markets around the world. This integration means that changes in a market in one part of the globe may have a profound impact somewhere else far away.