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Economics · 2025 · 1 mark
CBSE 2025 · Region 6 · Set 1 · Q4
Read the following statements – Assertion (A) and Reason (R) carefully. Choose the correct option from those given below :Assertion (A) : Other things remaining constant, devaluation of domestic currency may lead to rise in National Income of the nation.Reason (R) : Devaluation of domestic currency refers to reduction in the value of domestic currency by the government with respect to foreign currency under the fixed exchange rate system.
Official answer
From CBSE’s own marking scheme for this paper.
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
Marking-scheme solution
(B)
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
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