Question

3. Assertion A): Financial institutions that provide facilities for channeling savings of small investors
into avenues of productive investments are called "Mutual funds".
Reason (R): "Small drops of water makes a Big Ocean".
a) A is correct but R is in comect
b) A is in comect but R is correct
c) A and R Correct and R is the correct explanation of A
d) A and R Correct and R is not the correct explanation of A

Answer 1

Answer:

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Explanation:

. Assertion A): Financial institutions that provide facilities for channeling savings of small investors

into avenues of productive investments are called "Mutual funds".

Reason (R): "Small drops of water makes a Big Ocean".

a) A is correct but R is in comect

b) A is in comect but R is correct

c) A and R Correct and R is the correct explanation of A

d) A and R Correct and R is not the correct explanation of A