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Economics

Assertion (A): During the year 2001-02, the value of India’s total exports declined, registering a negative growth of 2.17%.
Reason (R): During the year 2001-02, negative growth in exports was witnessed in respect of iron and steel, coffee, textiles, and marine products.

Options

(a)

Both A and R are individually true and R is the correct explanation of A

(b)

Both A and R are individually true but R is not the correct explanation of A

(c)

A is true but R is false

(d)

A is false but R is true

Answer

(B)