Assertion : The terms of deposit are same for all credit arrangements.

1.	Assertion : The terms of deposit are same for all credit arrangements. Reason : Credit arrangements are a very complex process so to remove the complexities same terms of deposits are used.
Answer» Answer: Reason : Credit arrangements are very complex process so to remove the complexities same TERMS of deposits are USED. Ans : (d) Both assertion and reason are false. The terms of credit VARY substantially from one credit arrangement to another. They may vary depending on the NATURE of the LENDER and the borrower.

Assertion : The terms of deposit are same for all credit arrangements. Reason : Credit arrangements are a very complex process so to remove the complexities same terms of deposits are used.

Answer»

Answer:

Reason : Credit arrangements are very complex process so to remove the complexities same TERMS of deposits are USED. Ans : (d) Both assertion and reason are false. The terms of credit VARY substantially from one credit arrangement to another. They may vary depending on the NATURE of the LENDER and the borrower.

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Assertion : The terms of deposit are same for all credit arrangements. Reason : Credit arrangements are a very complex process so to remove the complexities same terms of deposits are used.

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