| Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative. |
| Assertion (A): Recoveries of loans and advances are capital receipts of the government. |
| Reason (R): Because they decrease the assets of the government. |
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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