Question

In the question given below, there are two statements marked as Assertion (A) and Reason (R).

Read the statements and choose the correct options: -

Assertion (A): Banks charge a higher interest rate on loans than what they offer on the deposits.

Reason (R): The difference between what is charged from borrowers and what is given to the

depositors is their main source of income.


Options:

a) Both assertion and reason are true, and reason is the correct explanation of assertion.

b) Both assertion and reason are true, but reason is not the correct explanation of assertion.

c) Assertion is true, but reason is false.

d) Both assertion and reason are false.​

Answer 1

Answer:Reason (R)

Explanation:

Reason (R): The difference between what is charged from borrowers and what is given to the

Answer 2

answer. Both are true......