2.Assertion: China adopted the 'Open Door Policy' as a major economic reform initiative. Reason: It aimed at industrialising the country on a massive scale
3.Assertion (A): In the late 1970s, China's population growth rate had sharply declined. Reason (R): China has witnessed an increase in the proportion of elderly people owing to stringent family planning programmes.
4. Assertion (A): India has a higher GDP than both Pakistan and Bangladesh. Reason (R): India has a more diversified economy with a strong industrial and services sector.
5. Assertion (A): The literacy rate in Bangladesh is higher than that of Pakistan. Reason (R): Bangladesh has invested heavily in education and social welfare programs.
6.Assertion (A): China’s GDP growth has been consistently higher than that of India and Pakistan. Reason (R): China follows a socialist market economy with significant state intervention in industrial policies.
7.Assertion (A): The contribution of agriculture to GDP is highest in Pakistan compared to India and China. Reason (R): Pakistan has a lower level of industrialization than India and China.
8.Assertion (A): India has a higher life expectancy than Pakistan. Reason (R): India has better healthcare infrastructure and social programs.
9.Assertion (A): Bangladesh has a higher female labor force participation rate than India. Reason (R): Bangladesh’s textile industry has provided employment opportunities for women.
10.Assertion (A): China's economic reforms were introduced in 1978. Reason (R): The reforms aimed to transform China from a centrally planned economy to a market-oriented one.
11.Assertion (A): The service sector contributes significantly to India’s GDP. Reason (R): India's IT and outsourcing industries have experienced rapid growth.
12.Assertion (A): China has a lower unemployment rate compared to India and Pakistan. Reason (R): China has strong state-led employment programs and a booming industrial sector.
13. Assertion (A): India’s economic reforms were introduced in 1991. Reason (R): India faced a severe balance of payments crisis, which led to liberalization, privatization, and globalization (LPG) reforms.
14.Assertion (A): China has a higher Gross Capital Formation (GCF) than India and Pakistan. Reason (R): China invests heavily in infrastructure and industrial development.
15.Assertion (A): China has a higher urbanization rate than India and Pakistan. Reason (R): China has pursued rapid industrialization and urban development policies.
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