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Question

Verbal Reasoning Question on Statements and Assumptions

Given below are two statements : One is labelled as Assertion A and the other is labelled as Reason R
Assertion A : The Indirect taxes Basically imposed by the Government to control the consumption.
Reason R : The Burden of indirect taxes can be shifted.
In the light of the above statements, choose the most appropriate answer from the options given below :

A

Both A and R are correct and R is the correct explanation of A

B

Both A and R are correct but R is NOT the correct explanation of A

C

A is correct but R is not correct

D

A is not correct but It is correct

Answer

Both A and R are correct and R is the correct explanation of A

Explanation

Solution

The correct answer is (A) : Both A and R are correct and R is the correct explanation of A.