Question

Consider the following: Assertion (

  • A : According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner. Reason (
  • R : This hypothesis is based on the displacement effect, concentration effect and inspection effect. Select the correct answer from the codes given below: Codes:
A (A) is true, but (R) is false
B (A) is false, but (R) is true
C Both (A) and (R) are true, but (R) is not the correct explanation of (A).
D Both (A) and (R) are true and (R) is the correct explanation of (A).
Practice Next

Hey! Ask a query