Question : Assertion: Appreciation of a country's currency can have a negative impact on its tourism industry.
Reason: A stronger currency makes traveling to the country more expensive for foreign tourists.
Option 1:
Both Assertion and Reason are true and correct explanation
Option 2: Both Assertion and Reason are true and incorrect explanation
Option 3: Assertion is true but Reason is false
Option 4: Assertion is false but Reason is true
Correct Answer:
Both Assertion and Reason are true and correct explanation
Solution : The correct answer is (a) Both Assertion and Reason are true and correct explanation.
Appreciation of a country's currency can indeed have a negative impact on its tourism industry. When a country's currency appreciates (increases in value) against other currencies, it makes traveling to that country more expensive for foreign tourists. The Reason provided correctly explains that a stronger currency increases the cost of travel, as foreign tourists need to exchange more of their own currency to get the same amount of the stronger currency. This can lead to a decrease in the number of foreign tourists visiting the country, as it becomes relatively more expensive for them.
Therefore, both the Assertion and Reason are true, and the Reason provides a correct explanation for why appreciation of a country's currency can have a negative impact on its tourism industry.
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