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)- India has a mixed economy.
Reason (R)- The government provides with the essential commodities to the ones who need and the market provides with goods which it can efficiently produce.

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

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

Here's why:

Assertion (A) is true: India does indeed have a mixed economy. This means both the public sector (government) and the private sector (businesses) play a role in the economy.
Reason (R) is true: The government in a mixed economy often intervenes to provide essential commodities (like food and medicine) to those in need. Additionally, the private sector focuses on producing goods and services that it can efficiently manufacture and sell. This division of labor helps ensure both social welfare and economic growth.

(R) does not explains (A): In this case, reason (R) does not directly explain why India has a mixed economy. Instead, reason (R) describes one aspect of how the mixed economy functions in India, namely the dual role of the government and the market in providing goods and services.

What is the Reason for A?: India adopted mixed economy structure because the Indian leaders, following independence, aimed to combine elements of socialism and capitalism in the country's economic framework. This approach involved significant government intervention in key sectors to ensure equitable access to essential services, alongside the promotion of private enterprise and market competition to drive economic growth and innovation.

Therefore, both Assertion (A) and Reason (R) are true, and Reason (R) accurately explains Assertion (A).