Given below are two statements, one labeled as Assertion (A) and the other as Reason (R):
Assertion (A): While India adopted planning under the influence of socialism, its approach to planning differed from that of the socialist states in several important aspects.
Reason (R): Despite significant expansion of the public sector, the private sector owned more than half of the capital stock and about three-quarters of the annual output. Furthermore, most of the means of production remained privately owned.
Choose the most appropriate answer from the options given below.
Given below are two statements, one labeled as Assertion (A) and the other as Reason (R):
Assertion (A): While India adopted planning under the influence of socialism, its approach to planning differed from that of the socialist states in several important aspects.
Reason (R): Despite significant expansion of the public sector, the private sector owned more than half of the capital stock and about three-quarters of the annual output. Furthermore, most of the means of production remained privately owned.
Choose the most appropriate 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, and R is NOT the correct explanation of A.
3
A is true, but R is false.
4
A is false, but R is true.