Question

Assertion (A): After 1991, there was a spurt of foreign collaborations in India and increase flow of FDI-Foreign Direct Investment.
Reason (R): The liberalized Foreign Investment Policy (FIP) was announced in India in July-August 1991.

विकल्प

• A is correct and R is the correct explanation to A

• A is correct and R is not the correct explanation to A

• Both A and R are wrong

• A is wrong, but R is correct

Answer 1

A is correct and R is the correct explanation to A