Assertion (A): The early plans gave the public sector a leading role.
Reason (R): Private investors in 1950 had neither the capital nor the market to build heavy industry.

Both A and R are true, and R is the correct explanation of A.Correct answerYour answerBoth A and R are true, but R is not the correct explanation of A.Correct answerYour answerA is true, but R is false.Correct answerYour answerA is false, but R is true.Correct answerYour answer

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CorrectNot quiteAnswer A

Correct answer: A

Heavy industry needed huge investment with a long wait for returns, which private firms could not supply.
So the state took the lead. R explains A.

Concept: Role of the public sector
Typical timeTypical: 100 s
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Assertion (A): The early plans gave the public sector a leading role.Reason (R): Private investors in 1950 had neither the capital nor the market to build heavy industry.

Explanation

Assertion (A): The early plans gave the public sector a leading role.
Reason (R): Private investors in 1950 had neither the capital nor the market to build heavy industry.