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Question

Given below are two statements, one is labelled as Assertion (A) and other as Reason (R). 

Assertion (A) : The Globalization has forced the Public Sector and Private Sector to cooperate with each other in development of Science. Reason (R) : The cooperation between the above two helps in facing market competition. 

Select the correct answer from the code given below : 

Codes :

The correct answer is
Both (A) and (R) are correct.

Analyzing Assertion and Reason on Globalization

This question asks us to evaluate two statements about the impact of globalization on public and private sectors, specifically concerning cooperation in science development and facing market competition.

Assertion (A) Analysis

  • Assertion Statement: Globalization has compelled the Public Sector and Private Sector to collaborate in developing Science.
  • Validity: This statement is generally considered correct. Globalization increases interconnectedness and the need for advanced technological capabilities. Both public institutions (like universities and research labs) and private companies benefit from and contribute to scientific advancement. Globalization often necessitates sharing resources, knowledge, and investment, pushing these sectors towards cooperation to remain competitive and innovative.

Reason (R) Analysis

  • Reason Statement: Cooperation between the Public Sector and Private Sector aids in confronting market competition.
  • Validity: This statement is also correct. When sectors cooperate, they can pool resources, share expertise, reduce R&D costs, and accelerate innovation. This synergy strengthens their position against domestic and international competitors in the global marketplace. For instance, private companies might leverage public research findings, while public institutions can benefit from private sector funding and market insights.

Relationship Between (A) and (R)

  • The cooperation mentioned in Assertion (A) is a direct outcome and strategy driven by the need explained in Reason (R). The pressures of globalization (A) necessitate cooperation because cooperation is an effective way to manage and succeed in the competitive environment created by globalization (R). Therefore, (R) provides a valid explanation for (A).

Conclusion

Both the assertion and the reason are factually correct, and the reason adequately explains the assertion. Globalization drives the need for cooperation between public and private sectors, and this cooperation is indeed beneficial for facing market competition.

The correct option is that both (A) and (R) are correct.

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Important Questions from Globalization and Social Change

  1. Depletion of the ozone layer in the stratosphere is responsible for:

  2. Diaspora as a dispersion of people throughout the world indicates
    A. Lack of Solidarity with members of the same ethnic group
    B. Emergence of expatriate communities
    C. Greater cultural hybridity
    D. Complete dissociation from the foreign areas
    Choose the correct answer from the options given below :
  3. The concept of "Transnationalism" is associated with the process of :
  4. Anthony Giddens' notion of "Radicalised Modernity" has following characteristics : 

    (A) It sees itself as dissolved or dismembered by fragmenting the experience 

    (B) It identifies the institutional developments which create a sense of fragmentation and displaced 

    (C) It defines post-modernity as possible transformations moving beyond the institutions of modernity 

    (D) It sees day-to-day life as an active complex of reactions to abstract systems involving appropriation as well as loss 

    Choose the correct answer from the options given below :

  5. The key features of the globality of global economy, according to Manuel Castelles are : 

    (A) Anti-globalization movement 

    (B) Global Financial markets 

    (C) Multinational corporations 

    (D) International production of work 

    (E) International production and selective globalisation of science and technology 

    Choose the correct answer from the options given below :

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