Assertion A The impact of depreciating Indian Rupee leads to less competition for Indian firms from ...........

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Assertion (A) : The impact of depreciating Indian Rupee leads to less competition for Indian firms from imports. (2 marks)

Reason (R) : The depreciating Indian Rupee results in downward pressure on inflation .

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Codes :

Both (A) and (R) are correct.

(A) is false, but (R) is correct.

Both (A) and (R) are false.

(A) is true, but (R) is false.

Both (A) and (R) are correct.

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