Read the following statement Assertion (A) and reason R choose one of the alternatives given below.
Assertion (A) Central Bank as a banker to the government works as a custodian of cash reserve.
Reason (R) the central bank act as a clearing house for transfer and settlement of mutual claims of commercial banks.
a. both Assertion (A) and reason or true and Reason (R) is the correct explanation of assertion
b. both Assertion (A) and reason (R) a true and Reason (R) 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.
Answers
Answer:
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Answer:
option b is correct ..A and reason R a true and reason...