Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).
Assertion (A): During 2023 - 24, Singapore emerged as the largest source of FDI to India.
Reason (R): The India - Mauritius Tax Treaty amendment has brought a major shift in countries as major sources of FDI to India.
Select the correct answer from the codes given below:

Question

Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).

Assertion (A): During 2023 - 24, Singapore emerged as the largest source of FDI to India.

Reason (R): The India - Mauritius Tax Treaty amendment has brought a major shift in countries as major sources of FDI to India.

Select the correct answer from the codes given below:

Accepted Answer

Both (A) and (R) are true and (R) is the correct explanation of (A).

Answer

(A) is false, but (R) is true.

Answer

Both (A) and (R) are true, but (R) is not the correct explanation of (A).

Answer

(A) is true, but (R) is false.

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