Question

Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R):

Assertion (A): Keynes considered fiscal policy more significant than monetary policy.

Reason (R): Monetary policy fails to treat the situation of recession whereas fiscal policy has considerable success.

Select the correct answer using the codes given below :

Code:

Q: Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R): Assert

AssertionAandReasonRbotharecorrectandReasonRcorrectlyexplainsAssertionAKeynesconsideredfiscalpolicymoresignificantthanmonetarypolicybecausemonetarypolicyfailstotreatthesituationofrecessionwhereasfiscalpolicygetsconsiderablesuccess

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

B Both (A) and (R) are correct but (R) is not the correct explanation of (A).

C (A) is correct but (R) is incorrect.

D (A) is incorrect but (R) is correct.

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