Question

In the question given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and chose the correct option:
Assertion (A): Credit is available from a variety of sources.
Reason (R): They are formal but not informal sources.
(a) Both A and R arc correct. (b) Both A and R are wrong. (c) A is camel but R is wrong (d) A is wrong but R is Correct

Answer 1

Answer:

option a

Explanation:

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Answer 2

(c) A is correct but R is wrong

Explanation:

Credit is available from a variety of sources. You can avail credit from formal sources like banks and cooperatives or from informal sources like moneylenders and pawn brokers. So assertion A is correct.

Reason - They are formal but not informal sources is wrong because both formal and informal sources of credit exist in our country.   Reason is incorrect.

So option C is correct.