Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

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)- The Green Revolution was a harbinger of major changes in the credit system as it led to the diversification of the portfolio of rural credit towards production-oriented lending

Reason (R)-  The formal credit delivery mechanism has not only proven inadequate but has also not been fully integrated into the overall rural social and community development.

Options:

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.             

Correct Answer:

Both (A) and (R) are true but (R) is not the correct explanation of (A).

Explanation:

The correct answer is option 2: Both (A) and (R) are true but (R) is not the correct explanation of (A).

Assertion (A)- The Green Revolution was a harbinger of major changes in the credit system as it led to the diversification of the portfolio of rural credit towards production-oriented lending. This is correct.

Reason (R)-  The formal credit delivery mechanism has not only proven inadequate but has also not been fully integrated into the overall rural social and community development. This is correct.

However, R does not explain A.