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UPSC 2001: Assertion (A): There was an increase in industrial production during 1999-2000. Reason (R): The period witnessed a stable exchange rate and improved business sentiments.
(a)Both A and R are individually true, and R is the correct explanation of A
(b)Both A and R are individually true, but R is NOT a correct explanation of A
(c)A is true, but R is false
(d)A is false, but R is true
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Not attemptedCorrect Answer: (a) Both A and R are individually true, and R is the correct explanation of A
Industrial production rebounded in 1999-2000 (Index of Industrial Production growth ≈ 6.7 %). This improvement coincided with a relatively stable rupee, benign inflation and buoyant business sentiment after the Asian-crisis slump, which fostered investment—so both statements are true and R correctly explains A. ([licchavilyceum.com](https://licchavilyceum.com/upsc-civil-services-prelims-2001-solved-question-paper/))
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Frequently Asked Questions
What is the correct answer to this UPSC 2001 Indian Economy question?▼
The correct answer is option (a): Both A and R are individually true, and R is the correct explanation of A. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Infrastructure & Industry question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2001, GS Paper 1, as Question 29. It falls under Indian Economy > Infrastructure & Industry.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Infrastructure & Industry?▼
UPSC has asked 74 questions from Infrastructure & Industry (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.