Assertion: The consumption of coke across India has increased in recent times in India replacing many traditional drinks.
Reasoning: Coca Cola Spends hundreds of crores rupees on advertising.
Answer & explanation
Correct answer: option 1
"Parle drinks was bought by Coca Cola. Parle’s annual turnover was Rs. 250 crores, while Coca Cola’s advertising budget alone was Rs. 400 crores. This level of advertising has naturally increased the consumption of coke across India replacing many traditional drinks."