Question

4. Assertion and Reasoning :
1) Assertion (A): Money market economizes use
of cash
Op
Reasoning (R) : Money market deals with
financial instruments that are close substitutes
of money
Options : 1) (A) is True, but (R) is False
2) (A) is False, but (R) is True
3) Both (A) and (R) are True and (R) is the
correct explanation of (A)
4) Both (A) and (R) are True and (R) is not the
correct explanation of (A)​

Answer 1

Answer:

3)Both (A) and (R) are true and (R) is correct explanation of (A)