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Assertion [A] : When price decreases, purchasing power increases, and vice versa. Reason [R] : When the production of goods decline, the price of goods increases and then the purchasing power is affected.
Correct Answer: (d)
Official keyThis question appeared in the TNPSC Prelims 2022 examination (GS). It is Question 133 out of 200 questions in this paper.
This question was part of the TNPSC Prelims 2022 (GS). The TNPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all TNPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.