Assertion (A) : Advertising is paid from of non personal presentation and promotion of ideas, goods or services by an identified sponsor.
Reason (R) : Any communication about an organisation, its products or policies through the media that is not paid for by the organisation will not be considered as advertising.
In the light of the above statements, choose the most appropriate answer from the options given below :
Assertion (A) states that advertising is a paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor. This definition accurately captures the core characteristics of advertising.
Therefore, Assertion (A) is correct.
Reason (R) asserts that any communication about an organization, its products, or policies through the media that is not paid for by the organization will not be considered as advertising. This highlights the crucial element of payment required for something to be classified as advertising.
Communications that are not paid for, such as news articles, press releases picked up editorially, or social media posts by customers, fall under different marketing communication tools like public relations or publicity. They do not meet the 'paid for' criterion of advertising.
Therefore, Reason (R) is also correct.
Reason (R) directly supports and explains Assertion (A). Assertion (A) defines advertising by including the term "paid form". Reason (R) reinforces this by stating that communication *not paid for* is *not* advertising. This confirms that the 'paid' aspect is fundamental to the definition provided in (A).
Thus, Reason (R) provides the correct explanation for why Assertion (A) is defined the way it is, specifically emphasizing the 'paid' characteristic.
Both Assertion (A) and Reason (R) are correct statements, and Reason (R) serves as a valid explanation for Assertion (A).
The most appropriate answer is Option 1.
| List - I | List - II |
| A. Ambiguous instrument | I. An incomplete or blank negotiable instrument properly stamped and signed. |
| B. Inchoate instrument | II. A bill of exchange drawn on a specified banker, payable on demand |
| C. Cheque | III. An instrument, which is in such form that it may either be treated as bill of exchange or promissory note. |
| D. Bank draft | IV. It is an order issued by one bank to another or on its own branch instructing to pay a sum of money to a specified person or his order. |
| List - I | List - II |
| A. Direct Material | I. Stores used for maintaining machines |
| B. Indirect Material | II. Cloth in dress making |
| C. Indirect Labour | III. Factory rent |
| D. Indirect Expense | IV. Salary paid to foreman and Supervisors |
| List - I | List - II |
| A. Article of Association (AoA) of a company limited by guarantee and not having share capital | I. Table I |
| B. AoA of an unlimited company and having share capital | II. Table F |
| C. AoA of company limited by share | III. Table G |
| D. AoA of company limited by Guarantee and having share capital | IV. Table H |