Question

    Assertion (A): The year 2020 saw a very high rate of

    inflations which went beyond the RBI's inflation upper tolerance limit of 6 percent. Reason (R): One of the reasons for the high inflation in 2020 was the Covid induced demand chain disruptions when the supply chain for essential goods remained unaffected. Choose the correct answer from the codes below:
    A Neither (A) nor (R) is correct Correct Answer Incorrect Answer
    B (A) is correct but (R) is wrong Correct Answer Incorrect Answer
    C (A) is wrong but (R) is correct Correct Answer Incorrect Answer
    D Both (A) and (R) are correct Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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