Question : Assertion: Both India and Pakistan follow the mixed economy model.
Reason: Both initiated their development process on the basis of economic planning in 1947.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Both the assertion and reason are true. India and Pakistan both follow a mixed economy model, which combines elements of both a market economy and a planned economy. They initiated their development process on the basis of economic planning in 1947, with the intention of guiding and promoting economic growth and development through government interventions and regulations while allowing for private enterprise and market forces to operate. The economic planning in the initial years played a significant role in shaping the mixed economy model adopted by both countries.
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Question : Assertion: The population growth rate in India is declining over the years.
Reason: Government initiatives such as family planning programs have contributed to a decrease in the fertility rate.
Question : Assertion: Planning in India is primarily focused on promoting quick, balanced economic growth that is inclusive and just. Reason: It is widely believed that poverty and unemployment are the main obstacles to India's development.
Option 1: Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A)
Option 2: Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A)
Option 3: Assertion (A) is True but Reason (R) is False
Option 4: Assertion (A) is False but Reason (R) is True
Question : Statement 1: Pakistan has a higher rate of population growth compared to India and China.
Statement 2: Factors such as high fertility rates and inadequate family planning contribute to Pakistan's higher population growth rate.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Question : Statement 1: India, Pakistan, and China have experienced an increase in the birth rate.
Statement 2: Government initiatives promoting family planning and awareness programs have led to a increase in the birth rate in these countries.
Question : Which of the following is a key feature of the New Economic Policy of 1991 in India?
Option 1: Nationalization of industries
Option 2: Protectionist trade policies
Option 3: Privatization of public sector enterprises
Option 4: Central planning of the economy
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