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Question

Economics Question on Business and Economy

Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R.
Assertion A : If a proposition P implies proposition Q, then we can say that P is a sufficient condition for Q or P⇒Q
Reason R : For proportion Q to be true it is sufficient that P is true i.e., Q is a necessary condition for P.
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 R is correct

Answer

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

Explanation

Solution

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