Read the following Assertion (A) and Reason (R) carefully and choose the correct option. Assertion (A): The New Industrial Policy, 1991 reduced the role of industrial licensing in India. Reason (R): The policy aimed to promote liberalization, privatization, and greater participation of the private sector in the economy.

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1. **Assertion (A):** True — the 1991 policy cut many industrial licensing rules.
2. **Reason (R):** True — it pushed liberalization, privatization, and more private sector role.
3. Reducing licensing was a direct action to open the economy and let private firms operate freely.
4. Therefore the Reason correctly explains why the Assertion happened.

FINAL_ANSWER: a

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