Assertion: A problem is an opportunity in a situation, something that sets up a conflict and forces you to find a solution. Reasoning: Problem identification increases employment and national income.

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

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

A problem is a roadblock in a situation, something that sets up a conflict and forces you to find a solution. When an entrepreneur identifies such a road block, he/she is said to have identified the problem. Uses of problem Identification: It helps the entrepreneur to: 1. Bring out new products in the market 2. Understand the problems and needs of the market 3. Be creative 4. Increase employment generation 5. Increase national income (of the country)