For the following statements of Assertion (A) and Reason (R), indicate the correct answer:
Assertion (A): Liberalization means corporatization of departmental undertakings and public undertakings.
Reason (R): Freedom to public sector undertakings to access capital market.

A) Both (A) and (R) are true and (R) is correct explanation of (A) B) Both (A) and (R) are true but (R) is not a correct explanation of (A) C) (A) is true but (R) is false D) (A) is false but (R) is true

Answer & Solution

Correct Answer: Option A

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For the following statements of Assertion (A) and Reason (R) indicate...

For the following statements of Assertion (A) and Reason (R), indicate the correct answer: Assertion (A): Liberalization means corporatization of departmental undertakings and public undertakings. Reason (R): Freedom to public sector undertakings to access capital market.

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For the following statements of Assertion (A) and Reason (R), indicate the correct answer:
Assertion (A): Liberalization means corporatization of departmental undertakings and public undertakings.
Reason (R): Freedom to public sector undertakings to access capital market.