Assertion (A): The Indian government, after independence, had put barriers to foreign trade and foreign investment.
Reason (R): The government considered it necessary to protect the producers within the country from foreign competition.
Answer:
To regulate foreign trade, the government imposed some restrictions on trade that are known as trade barriers. Example: Tax on imports. After India gained its independence, the Government put barriers to foreign trade and foreign investment. This was considered necessary to protect the producers within the country from foreign competition.
Therefore,
- Assertion (A): After India gained its independence, the Government put barriers to foreign trade and foreign investment. This is true.
- Reasoning (R): This was considered necessary to protect the producers within the country from foreign competition. This is also true.
- Trade barriers were enforced by the government to protect domestic producers from foreign competition . So, the reasoning is the correct explanation of assertion.
Thus,
- The assertion is true .
- Reasoning is true
- And, the reasoning is the correct explanation of the assertion.
So the correct answer is (A)
