Assertion (A): Indian companies have established subsidiaries and joint ventures in a number of countries in different manufacturing industries and service sectors.

Reasoning (R): By restricting the areas of operation and growth, the government policy seriously constrained the potential of Indian companies to make a foray into the foreign countries.

Code:

A

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

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

Both (A) and (R) are incorrect
D

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

Question