1.

Assertion (A) – In output method value of final goods and services is considered.Reasoning (R) – In output method value of intermediate goods also considered.(i) Both (A) and (R) are true and (R) is the correct explanation of (A). (ii) Both (A) and (R) are true but (R) is not the correct explanation of (A). (iii) (A) is true but (R) is false. (iv) (A) and (R) both are false.

Answer»

Correct option: (iii) (A) is true but (R) is false.



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