Assertion (A): Operating Surplus does not arise in the general government sector
Assertion (A): Operating Surplus does not arise in the general government sector.
Reason (R): General government produces goods and services with the aim of earning profit without any intention of social welfare.
Alternatives:
(a) Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).
(b) Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is True but Reason (R) is False.
(d) Assertion (A) is False but Reason (R) is True.
Anurag Pathak Changed status to publish December 10, 2023
Ans – (c)
Explanation:-
Operating Surplus does not arise in the general government sector as the government produces goods and services for the welfare of the society, not for profit.
Assertion (A) is true and Reason (R) is false.
Anurag Pathak Changed status to publish December 10, 2023
