Assertion (A) In 1991 Government decided to allow all foreign investments...

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Assertion (A): In 1991 Government decided to allow all foreign investments to any industry without any restrictions.
Reason (R): Government has enhanced the investment limit of small scale industrial units.

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

B. Both (A) and (R) are 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: Option D

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