The correct answer is Both (A) and (R) are correct. Explanation & Key Takeaways: • Assertion (A): Computers and software are exported to countries like the USA, Canada, Kuwait, Japan, Germany, and Sri Lanka by India. • According to an RBI survey, India’s exports of software services, excluding exports have increased by 17.2% to $156.7 billion during the year 2021-22. • Computer services, including IT services and software product development, continued to account for over two-thirds of total software services exports at 67.8% in the year 2021-22. • As per RBI statistics, software exports to the U.S.A. and Canada combined grew by 15.7 % from US $ 75.1 Billion in the year 2020-21 to US $ 86.9 Billion in the year 2021-22. Thus the assertion is correct. • Reason (R): To fulfill the requirements of industrialization, India imports machines on a large scale from England, Germany, Japan, America, and Russia. • To meet the need for industrialization of the economy, India imports machinery on a large scale from countries like America, England, Germany, Japan, and Russia. • Cumulative engineering exports during April 2022-July 2023 recorded 8.10 percent growth as they went up to USD 38.31 billion from USD 35.44 billion during April 2021-July 2022. • As per the Quick Estimates of the Ministry of Commerce and Industry, Government of India, the share of engineering products in total merchandise exports was recorded at 25.77 % in July 2022 while the share was 24.34 % on a cumulative basis. Thus, the reason is also correct. On the basis of the above information, it can be concluded that both the reason and assertion are correct.