Assertion (A): Production for self-consumption is not accounted for in the national income. Reasoning (R): The products kept for self consumption do not enter the market.

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KollegeApply · Accepted Answer

Both (A) and (R) are True and (R) is the correct explanation of (A). Explanation: • The assertion is true because production for self-consumption (like vegetables grown and consumed at home) is generally not included in national income, as it is not sold in the market. • Reason is also true because such products do not enter the market, so their market value cannot be easily measured. • Since they do not enter the market, they are not counted, so (R) correctly explains (A).

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