Assertion (A): In 1990-91, India faced an acute shortage of foreign exchange reserves.Reasoning (R): Import quotas and tariffs led to an increase in imports. (a) (A) is TRUE but (R) is FALSE (b) (A) is FALSE but (R) is TRUE (c) (A) and (R) both are TRUE and (R) is the correct explanation of (A)(d) (A) and (R) both are TRUE but (R) is not the correct explanation of (A)

Assertion (A): In 1990-91, India faced an acute shortage of foreign ex

1.	Assertion (A): In 1990-91, India faced an acute shortage of foreign exchange reserves.Reasoning (R): Import quotas and tariffs led to an increase in imports. (a) (A) is TRUE but (R) is FALSE (b) (A) is FALSE but (R) is TRUE (c) (A) and (R) both are TRUE and (R) is the correct explanation of (A)(d) (A) and (R) both are TRUE but (R) is not the correct explanation of (A)
Answer» Correct option is (a) (A) is TRUE but (R) is FALSE