Assertion Reasoning Quiz

Question 1 of 5

Assertion (A): A market must always be a physical place that a person can walk into.

Reason (R): The chapter states that a market can be a physical market or a virtual one on the internet.

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.

Select one option. Answers are shown after the test.

Question 2 of 5

Assertion (A): The Economic Survey of India is presented every year just before the Union Budget.

Reason (R): It reviews the country's economic performance during the past year and acts as a blueprint for the coming Budget.

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.

Select one option. Answers are shown after the test.

Question 3 of 5

Assertion (A): Almost all economies in the world today are mixed economies.

Reason (R): A mixed economy combines the features of both the market economy and the planned economy.

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.

Select one option. Answers are shown after the test.

Question 4 of 5

Assertion (A): Rising bookings for Tata's electric cars caused petrol and diesel prices to rise.

Reason (R): Rising petrol and diesel prices pushed buyers towards electric cars, which increased bookings.

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.

Select one option. Answers are shown after the test.

Question 5 of 5

Assertion (A): Agriculture and handicrafts rely more on labour-intensive methods.

Reason (R): Labour-intensive production uses more workers and less machinery.

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.

Select one option. Answers are shown after the test.

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