Question : Assertion (A): The paradox is a seemingly absurd or contradictory statement, though, often a true statement.
Reason (R): It means, an act which is beneficial for an individual, may prove to be harmful for the economy as a whole.
Option 1: Both A and R are true and R is the correct explanation of A.
Option 2: Both A and R are true and R is not the correct explanation of A.
Option 3: A is true but R is false.
Option 4: A is false but R is true.
Correct Answer: Both A and R are true and R is the correct explanation of A.
Solution : A paradox is a statement that appears to be illogical or contradictory but is frequently accurate. It implies that a decision that benefits an individual may end up hurting the economy as a whole. Hence, the correct option is 1.
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