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Economics · 2025 · 1 mark
CBSE 2025 · Region 4 · Set 1 · Q27
Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative from the options given below: Assertion (A): Excessive…
Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative from the options given below :Assertion (A) : Excessive regulation of permit license raj prevented certain private firms from becoming more efficient.Reason (R) : Private sector wasted a significant time in obtaining licenses rather than enhancing product quality and international competitiveness.Options :
Official answer
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
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 Economics past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.