Question

Assertion(A ) The central bank issues currency on the basis of CRR. Reason (R ) The CRR impacts credit creation capacity of the commercial bank.
A - Both Assertion (A) and Reason (R) are true and Reason is the correct explanation of Assertion.
B - Both Assertion (A) and Reason (R) are true but Reason is NOT the correct explanation of Assertion.
C – Assertion (A) is true but Reason (R) is false.
D – Assertion (A) is false but Reason (R) is true.

Answer 1

Answer:

answer is A. both a and r is true and r is the correct explanation of assertion