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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
- UGC NET
- Economics
65. directions the following items consist of the two statements. 'a' is assertion and 'r' is reason. assertion (a): technological changes is regarded as an imp
65. Directions The following items consist of the two statements. 'A' is assertion and 'R' is reason. Assertion (A): Technological changes is regarded as an important factor in the process of economic growth. Reason (R): Changes in the technology leads to increase in the productivity of labour, capital and other factor of production. You examine these two statements carefully and select the answer using the code given below: (1) Both (A) and (R) is individually true and (R) is the correct reason of (A). (2) Both(A) and (R) is individually true and (R) is the incorrect reason of (A). 1 (3) (A) is true but (R) is false. (4) (A) is false but (R) is true.
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Nidhi taparia Best Answer
65. Yet again, this seems to be a subjective question. In my opinion, option (1) is correct. It is obvious that technological coefficient has a huge bearing on economic growth. And according to me, this is because technology can increase the productivity of factors of production. For instance, the production in handloom industry is lesser than the mechanised mills.