1.

Assertion (A): The RBI is called the Mother of Banks. Reason (R): The RBI formulates the monetary policy which should be followed by all other banks. 1) ‘A’ and ‘R’ are true and ‘R’ is the correct explanation of ‘A’ 2) ‘A’ and ‘R’ are true, but ‘R’ is not the correct explanation of ‘A’ 3) ‘A’ is true but ‘R’ is false 4) ‘R’ is true but ‘A’ is false

Answer»

1) ‘A’ and ‘R’ are true and ‘R’ is the correct explanation of ‘A’



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