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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)- During the 1990's period, India witnessed a "Jobless growth" in the economy. Reason (R)- Jobless growth witnessed during the 1990s indicated that the purchasing power of people increased due to increase in the GDP.
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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. |
(A) Is true but (R) is false. |
The correct answer is: Option 3: (A) Is true but (R) is false. Here's a breakdown of why: Assertion (A): During the 1990s period, India witnessed a "Jobless growth" in the economy. This is a true statement. India's economic reforms in the 1990s led to significant growth in GDP, but this growth did not translate into a proportionate increase in jobs. This phenomenon is known as "jobless growth." Reason (R): Jobless growth witnessed during the 1990s indicated that the purchasing power of people increased due to an increase in the GDP. This is a false statement. While a higher GDP generally indicates a stronger economy, it does not necessarily mean that people's purchasing power has increased. The term "jobless growth" implies that the benefits of economic growth were not widely distributed and did not translate into increased employment or purchasing power for many individuals. |
