1.

Assertion (A) : Regional stock exchanges have witnessed a sharp decline in the volume of trade.Reasoning (R) : Investors prefer to trade in securities listed in premier stock exchanges like BSE, NSE etc.(1) (A) is True, but (R) is False (2) (A) is False, but (R) is True (3) Both (A) and (R) are True and (R) is the correct explanation of (A) (4) Both (A) and (R) are True and (R) is not the correct explanation of (A)

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Option : (3) Both (A) and (R) are True and (R) is the correct explanation of (A).



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