NIFT UG 2017 Question Paper with solutions

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Question : 86 of 150

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Assertion (A): Devaluation of a currency may promote export.
Reason (R) : Price of the country’s products in the international market may fall due to devaluation

if both (A) and (R) are true and (R) is the correct explanation of (A).
if both (A) and (R) are true but (R) is not the correct explanation of (A).
if (A) is true but (R) is false
if (A) is false but (R) is true.

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