Question : Assertion (A): Activity ratios are calculated for measuring the efficiency of operations of a business based on the effective utilization of resources.
Reason (R): The current ratio, Quick ratio, asset turnover ratio, inventory ratio, account receivables turnover, etc are included in the Activity ratios

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: Liberalization reforms aimed to promote competition in the industrial sector.

Reason: Increased competition encourages innovation and efficiency.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

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

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.

Question : Assertion: Physical distribution involves the movement of goods from the producer to the retailer.

Reason: Physical distribution has no impact on the efficiency of the supply chain.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

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

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.

Question : Assertion: Physical distribution involves the movement of goods from the producer to the retailer.

Reason: Physical distribution has no impact on the efficiency of the supply chain.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

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

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.

Question : Assertion: Physical distribution involves the movement of goods from the producer to the retailer.

Reason: Physical distribution has no impact on the efficiency of the supply chain.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

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

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.