Multiple Choice Questions on Assertion A Taking of deposits and granting of loans single out banks Reasoning R Banks act as inter........... for UGC NET ( Commerce) Preparation

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Multiple Choice Questions

Assertion A Taking of deposits and granting of loans single out banks Reasoning R Banks act as inter...........

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    Assertion (A) : Taking of deposits and granting of loans single out banks.

    Reasoning (R) : Banks act as intermediaries wken they mobilise savings from surplus units to skortage units in order to finance productive activities.

    Codes :

    Assertion (A) is correct and Reasoning (R) is the correct explanation of (A).

    Correct Answer

    Both Assertion (A) and Reasoning (R) are correct but (R) is not the correct explanation of (A).

    Incorrect Answer

    Assertion (A) is correct but Reasoning (R) is incorrect.

    Incorrect Answer

    Reasoning (R) is correct but Assertion (A) is incorrect.

    Incorrect Answer
    Explanation:

    Assertion (A) is correct and Reasoning (R) is the correct explanation of (A).

    By: santosh
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