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Assertion (A): There was an increase in industrial production during 1999-2000. Reason (R): The period witnessed a stable exchange rate and improved business sentiments.

  1. (a)Both A and R are individually true, and R is the correct explanation of A
  2. (b)Both A and R are individually true, but R is NOT a correct explanation of A
  3. (c)A is true, but R is false
  4. (d)A is false, but R is true
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Official answer(a) Both A and R are individually true, and R is the correct explanation of A