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This question belongs to Commerce Miscellaneous In Commerce

Miscellaneous in Commerce

?

Given below are two statement, one labelled as Assertion (A) and the other as Reason (R):
Assertion (A): Rationalisation refers to the reorganisation of relationship between the firms and industry.
Reason (R): Rationalisation seeks not merely to regulate the internal working of a firm but attempts to reorganise an industry on right lines.
Choose the correct answer from the options given below

A) Both (A) and (R) are true and (R) is correct explanation on (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 & Solution

Correct Answer: Option A

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