Question

14. In the question given below, there are two statements marked as Assertion (A) and Reason (R).
Read the statements and choose the correct option:
Assertion (A) : Development is sustained by a proper credit policy.
Reason (R): By giving loans to industries and trade, banks provide them with the necessary funds
for carrying on their business without problems. This results in increased production and services,
more employment and profits.
Options:
a. Both A and R are true but R is not the correct explanation of A.
b. Both A and R are true and R is the correct explanation of A.
c. A is wrong but R is correct.
d. A is correct but R is wrong.​

Answer 1

Answer:

b is the correct answer

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