Q.
1

Reason (R): The important way to reduce imports and thereby reduce deficit in balance of payments is to adopt monetary and fiscal policies that aims at reducing aggregate expenditure in the economy.

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  • A

    (A) and (R) both are correct and (R) supports (A)

     

  • B

    (A) and (R) both are correct but (R) does not support (A)

     

  • C

    (A) is correct but (R) is incorrect

     

  • D

    (R) is correct but (A) is incorrect