| Directions : Read the following statements: Assertion [a] and Reason [R]. Choose one of the correct alternative. |
| Assertion (A): Rupee is said to be appreciating if price of $1 falls from Rs. 75 to Rs. 70. |
| Reason (R): Rupee appreciates when less Indian rupees are needed to buy a dollar. |
A) Both Assertion [a] and Reason [R] are true and Reason [R] is the correct explanation of Assertion [A].
B) Both Assertion [a] and Reason [R] are true but Reason [R] is not the correct explanation of Assertion [A].
C) Assertion [a] is true but Reason [R] is false.
D) Assertion [a] is false but Reason [R] is true.
Correct Answer: A
Solution :
[a] Both Assertion [a] and Reason [R] are true and Reason [R] is the correct explanation of Assertion [A].
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