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Commerce · Q250

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 250

Q250

Consider the following statements. Assertion (A): The formal banking system was started after the entry of Britishers into India Reason (R): There was a loophole in the informal banking which was practiced in India

A.
Both A and R are true and R is the correct explanation of A
B.
Both A and R are true but R is not a correct explanation of A
Answer
C.
A is true but R is false
D.
A is false but R is true

Answer: Option B

Solution

Answer: Option B
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