Economy, asked by vedagaikwad2304, 15 days ago

Assertion and reasoning question.


1. Assertion (A): Water-Diamond paradox of values is observed in real life. Reasoning (R): Some commodities have high value-in-use but low exchange value (diamond) while some other have value-in-use high exchange value due to its abundance (diamond).
a. (A) is True but (R) is False.
b. (A) is False but (R) is True.
c. Both (A) and (R) are True and (R) is the correct explanation of (A).
d. Both (A) and (R) are True but (R) is not the correct explanation of (A).


2. Assertion (A): Quartiles can be used for benchmarking and baseline purposes. Reasoning (R): Quartiles are the value of data which divide the whole set of observations into four equal parts.
a. (A) is True but (R) is False.
b. (A) is False but (R) is True.
c. Both (A) and (R) are True and (R) is the correct explanation of (A).
d. Both (A) and (R) are True but (R) is not the correct explanation of (A).

3. Assertion (A): NABARD was established on July 12, 1982.

Reasoning (R): There was no institution providing short-term credit back

then.

a. (A) is True but (R) is False.

b. (A) is False but (R) is True.

c. Both (A) and (R) are True and (R) is the correct explanation of (A).

d. Both (A) and (R) are True but (R) is not the correct explanation of (A).



4. Assertion (A): India is on the verge of entering into third stage of

demographic transition.

Reasoning (R): India was in the first stage of demographics transition before

1990.

a. (A) is True but (R) is False.

b. (A) is False but (R) is True.

c. Both (A) and (R) are True and (R) is the correct explanation of (A).

d. Both (A) and (R) are True but (R) is not the correct explanation of (A).



5. Assertion (A): The Government created the National Renewal Board (NRB)

Reasoning (R): When loss making units are closed, workers become

unemployed.

a. (A) is True but (R) is False.

b. (A) is False but (R) is True.

c. Both (A) and (R) are True and (R) is the correct explanation of (A).

d. Both (A) and (R) are True but (R) is not the correct explanation of (A).​

Answers

Answered by WindofCarry
1

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