Question

Assertion (A): The government took control over 125 sick textile units and set up the National Textiles Corporation to oversee their management.

Reason (R): The government concentrated on the development of industries in backward regions.

• A. A is correct.
• B. R is correct.
• C. A is correct, but R is incorrect.
• D. Both A and R are correct, but R is not the correct explanation of A.

Answer 1

Answer: (A), (B), (D)

Both A and R are correct, but R is not the correct explanation of A.

The government focused on renewing sick industries and set up the Board of Industrial Finance and Reconstruction and the National Renewal Fund. Textile was one industry that the board focused on.

Accordingly, the governemnt took contol of 125 sick textile units and set up the National Textiles Corporation to oversee their management.

The government also concentrated on the development of industries in backward regions through several initiatives.