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Correct Answer: Option (B) — Both A and R are true but R is not the correct explanation of A
Concept & Option Breakdown
Standard Reference VerifiedAssertion (A) is true: The rise of global economic integration and market interdependence does not necessarily eliminate socialist values, which continue to influence state welfare policies, social equity, and public ownership frameworks.
Reason (R) is true: Socialist philosophy historically embraces internationalism, universal human brotherhood, and global solidarity.
However, modern economic globalism is primarily driven by market forces and neoliberal capital flows rather than socialist universalism; hence, Reason (R) is not the correct causal explanation of Assertion (A).
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