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 .

Select the correct code :

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.

Explanation:

Both (A) and (R) are correct.

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