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International Economics — Economics STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12EconomicsInternational Economics1 Mark
MCQ
Assertion (A): Exchange control means the state intervention.
Reason (R): Exchange control means the forex market.
  • ✓
    Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
  • B
    Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
  • C
    ‘A’ is true but ‘R’ is false
  • D
    ‘A’ is false but ‘R’ is true
✓

Answer

Correct option: A.
Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’

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