Q75 (IAS/2004) Economy › External Sector & Trade › External Sector & Trade

Assertion (A) : For the first time, India had no trade deficit in the year 2002- 2003. Reason (R) : For the first time, India’s exports crossed worth $ 50 billion in the year 2002-03.

A

Both A and R are individually true and R is the correct explanation of A

B

Both A and R are individually 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

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