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Question

Innovation & Entrepreneurship Question on Fundamentals of Business

Given below are two statements:
Statement I: People's attitudes have changed over the years leading to involvement of State (Government) in businesses globally.
Statement II: Increasing technicality is leading to State (Government) to make interventions in businesses globally.
In the light of the above statements, choose the most appropriate answer from the options given below:

A

Both Statement I and Statement II are correct

B

Both Statement I and Statement II are incorrect

C

Statement I is correct but Statement II is incorrect

D

Statement I is incorrect but Statement Il is correct

Answer

Both Statement I and Statement II are incorrect

Explanation

Solution

The correct option is (B):Both Statement I and Statement II are incorrect .