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Business Studies · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 1 · Q10
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from the options given below: Assertion (A): When the…
Read the following statements : Assertion (A) and Reason (R). Choose the
correct alternative from the options given below :
Assertion (A) : When the allocative function is performed well, scarce
resources are allocated to those firms which have the
highest productivity for the economy.
Reason (R) : Allocative function allocates or directs funds into their
most productive investment opportunity.
Official answer
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). not
Marking-scheme solution
(A)
Both Assertion (A) and Reason (R) are true and Reason
(R) is the correct explanation of Assertion (A).
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CBSE Class 12 Business Studies past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.