Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below.
Assertion (A): The industrial sector reforms implemented under liberalization policies in a country led to an increase in Foreign Direct Investment in the manufacturing sector.
Reason (R): Liberalization policies aimed to toughen trade barriers, regulate industries, and provide a conducive environment for Indigenous investors, making the manufacturing sector more attractive for FDI.
Alternatives:
a) The Assertion (A) is true, but the Reason (R) is false.
b) The Assertion (A) is false, but the Reason (R) is true.
c) Both the Assertion (A) and Reason (R) are true, but the Reason (R) is not the correct explanation of the assertion.
d) Both the Assertion (A) and Reason (R) are true, and the Reason (R) is the correct explanation of the assertion.