Question : Assertion: Infrastructure development is crucial for promoting economic activities and attracting investments.
Reason: Well-developed infrastructure provides essential facilities and services necessary for business operations.
Option 1: Both assertion and reason are correct, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are correct, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is correct, but the reason is incorrect.
Option 4: Assertion is incorrect, but the reason is correct.
Correct Answer:
Both assertion and reason are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are correct, and the reason is the correct explanation of the assertion.
The assertion states that infrastructure development is crucial for promoting economic activities and attracting investments, which is correct. Infrastructure refers to the basic physical and organizational structures and facilities needed for the operation of a society or enterprise. Well-developed infrastructure is essential for fostering economic growth and attracting investments. It provides a solid foundation for various economic activities, such as transportation, communication, energy, and water supply, which are vital for businesses to operate efficiently.
The reason provided states that well-developed infrastructure provides essential facilities and services necessary for business operations, and this is the correct explanation of the assertion. Businesses rely on infrastructure to function effectively. Infrastructure provides the necessary facilities and services that businesses need to operate smoothly, such as roads, ports, airports, telecommunications networks, power supply, and water and sanitation systems. Access to reliable and well-maintained infrastructure helps reduce operational costs, improve productivity, facilitate trade, and attract investments.
Therefore, both the assertion and reason are correct, and the reason serves as the correct explanation for why infrastructure development is crucial for promoting economic activities and attracting investments.