Given below are two statements: One is labelled as Assertion A and the other is labelled as Reason R.
Assertion A: Industrial policy 1991 initiated liberalisation of Indian economy.
Reason R: Industrial growth was very slow before 1991.
In the light of the above statements, choose the correct answer from the options given below:
1
Both A and R are true and R is the correct explanation of A.
2
Both A and R are true but R is NOT the correct explanation of A.
3
A is true but R is false.
4
A is false but R is true.