Assertion A The Indian economy could survive in the recent global recession due to its strong bankin...........

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Assertion (A) : The Indian economy could survive in the recent global recession due to its strong banking system. (2 marks)

Reason (R) : The Indian economy contains a large amount of black money.

Codes :

Both (A) and (R) are correct and (R) is the explanation of (A)

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

(R) is correct, but (A) is not the appropriate assertion of (R).

Both (A) and (R) are incorrect.

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

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