Exams › SSC CGL (Prelims) › General

Read the following Assertion (A) and Reason (R) carefully and choose the correct option. Assertion (A): The New Industrial Policy, 1991 reduced the role of industrial licensing in India. Reason (R): The policy aimed to promote liberalization, privatization, and greater participation of the private sector in the economy.

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.

Correct answer: Both A and R are true and R is the correct explanation of A.

Solution

The New Industrial Policy, 1991 did reduce the role of industrial licensing in India. This was because it was designed to promote liberalization, privatization, and greater private sector participation. Hence, both statements are true and the reason correctly explains the assertion.

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