01.] A. Assertion & Reasoning Questions. [05] a) Assertion (A). Microeconomics have comparatively narrower scope. Reasoning (R): Microeconomics studies economic behavior of only individual economic units of economy. Options: i) (A) is True, but (R) is False. ii) (A) is False, but (R) is True. ii) Both (A) and (R) are True and (R) is the correct explanation of (A) iv) Both (A) and (R) are True and (R) is not the correct explanation of (A). b) Assertion (A): Alcohol possesses utility. Reasoning (R): Utility is a want-satisfying capacity of a commodity. Options: i) (A) is True, but (R) is False. i) (A) is False, but (R) is True. ii) Both (A) and (R) are True and (R) is the correct explanation of (A). Options: i) (A) is True, but (R) is False. li) (A) is False, but (R) is True. Both (A) and (R) are True and (R) is the correct explanation of (A). iv) Both (A) and (R) are True and (R) is not the correct explanation of (A) iv) Both (A) and (R) are True and (R) is not the correct explanation of (A) . Assertion (A): Debt raised by the government from borrowings from World Bank is an external debt. Reasoning (R): Government of India cannot borrow from World Bank for Mumbai Metro Train. d) Assertion (A): In monopoly, use wise price cannot be discriminated. Reasoning (R): In India, the gas cylinder is priced differently for domestic and commercial use, Options: i) (A) is True, but (R) is False. i) (A) is False, but (R) is True. iii) Both (A) and (R) are True and (R) is the correct explanation of (A). iv) Both (A) and (R) are True and (R) is not the correct explanation of (A) .

Answers 2

Explanation:

05]

a) Assertion (A). Microeconomics have comparatively narrower scope.

Reasoning (R): Microeconomics studies economic behavior of only individual economic units of economy

answer

iii) Both (A) and (R) are True and (R) is the correct explanation of (A) .

b) Assertion (A): Alcohol possesses utility.

Reasoning (R): Utility is a want-satisfying capacity of a commodity.

answer

iv) Both (A) and (R) are True and (R) is not the correct explanation of (A)

Answer:

ans: (A) is false ,but (R) is true