Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Comparative Development Experiences of India and its Neighbours

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)- Even after reforms in 1988, Pakistan witnessed a slow-down of growth and re-emergence of poverty.

Reason (R)- Pakistan's most foreign exchange reserves came from remittances from Pakistani workers in the Middle-east and the exports of highly volatile agricultural products.

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 and (R) is the correct explanation.

Explanation:

The reasons for the slowdown of growth and re-emergence of poverty in Pakistan’s economy, as scholars put it, are agricultural growth and food supply situation were based not on an institutionalised process of technical change but on good harvest. So, that means if by chance harvest is not good due to poor monsoon, then there will be shortage. Also, In Pakistan most foreign exchange earnings came from remittances from Pakistani workers in the Middle-east and the exports of highly volatile agricultural products.