Assertion A Most of the development bank in India have setup private commercial banks after the intr...........

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Assertion (A) : Most of the development bank in India have setup private commercial banks after the introduction of capital adequacy norms. (2 marks)

Reason (R) : Development banks in India have not adhered to their basic objectives.

Codes :

(A) and (R) both are correct, and (R) is correct explanation of (A).

(A) and (R) both are correct, but (R) is not a correct explanation of (A).

(A) is correct, but (R) is incorrect.

(R) is correct, but (A) is incorrect.

(A) is correct, but (R) is incorrect.

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