| Directions : Read the following statements: Assertion and Reason (R). Choose one of the correct alternative. |
| Assertion (A): Devaluation and depreciation is one and the same thing. |
| Reason (R): Devaluation is done by the government whereas depreciation is done by the market forces. |
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: D
Solution :
[d] Assertion (A) is false but Reason (R) is true.
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