Question

The following questions consists of two statements - Assertion (A) and reason (R). Answer these questions
selecting the appropriate option given below:
1. Both A and Rare true and R is the correct explanation of A
2. Both A and R are true but R is not the correct explanation of A.
3. A is true but Ris false
4. A is false but R is true

Assertion (A): if the borrower fails to repay the loan, the lender does not have the right to sell the asset or
collateral to payment.

Reason (R) : properties such as land titles, deposits with banks , live stock are some common examples of collateral used for borrowing​

Answer 1

Answer:

option 1

Explanation:

1. Both A and Rare true and R is the correct explanation of A

Answer 2

Answer:

option ( b ) is correct answer of this question