Question

Assertion (A)-Money supply is a flow concept.

Reason (R)- money supply refers to total currency circulation at a point of time.

a) both (A) & (R) both are true and (R) is correct explanation of (A)

b) both (A) & (R) both are true and (R) is not correct explanation of (A)

c) (A) is true but (R) is false

d) (A) is false but (R) is true​

Answer 1

Answer:

a- both assertion and reason are correct and reason is the correct explanation of assertion.

Answer 2

Answer:

(A ) is false but ( R ) is true