| Directions : Read the following statements: |
| Assertion (A) and Reason (R). Choose one of the correct alternative. |
| Assertion (A):Increase in margin requirement decreases the flow of credit in the economy. |
| Reason (R):Increase in margin requirements increases the credit giving capacity of commercial banks. |
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: C
Solution :
[c] Assertion (A) is true but Reason (R) is false.
You need to login to perform this action.
You will be redirected in
3 sec
