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Read the following statements - Assertion …

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Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below: Assertion (A) : Tariffs and quotas in the economic policy after independence were used to assist domestic industries.Reason (R): Our planners wanted to use foreign exchange for importing luxury goods. Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below: Assertion (A) : Trade policy relates with protection from imports in two forms: tariffs and quotas.Reason (R): Quotas specify the quality of goods which can be imported. Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below: Assertion (A) : Modernisation as a planning objective does not create contradiction in the light of employment generation.Reason (R): Modernisation is related not only to modern technique but also relates to change in outlook.
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