Question :

Assertion (A): There is no clear cut demarcation between capital and consumer goods.

Reason (R): It depends upon the ultimate use of the good.

Option 1: Both A and R are true and R is the correct explanation of A.

Option 2: Both A and R are true, but R is not the correct explanation of A.

Option 3: A is true, but R is false.

Option 4: A is false, but R is true.

Question : Assertion: Physical capital is tangible in nature 
Reason: Physical capital can be seen and touchable.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is true.

Question : Assertion (A): Physical capital aids in the development of human capital.
Reason (R): Since physical capital is passive by nature, human capital aids in the production of physical capital.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is true.

Question : Assertion (A): Sir Robert Giffen developed the Giffen goods theory.
Reason (R): Giffen goods are those whose demand declines as their price drops.

Option 1: Both assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

Option 2: Both assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is false

Option 4: Assertion (A) is false but Reason (R) is true.

Question : Assertion (A): Complementary goods are demanded simultaneously to satisfy a particular want.
Reason (R): Complementary goods have joint demand

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A)

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is True

Question : Assertion (A): The effective use of physical capital necessitates the formation of human capital
Reason (R): The development of human capital increases people's life expectancies.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is true.