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Read the following statements - Assertion (A) and Reason (R). Choose one of (Economic Applications Class 10) #7
Economic Applications
Central Banks
Question
Updated
19 Aug 2026
Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below: Assertion (A): Reserve Bank of India creates credit. Reason (R): Reserve Bank of India is known as a bank of note issue.
A
Choose Your Answer
A
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
B
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
C
Assertion (A) is true and Reason (R) is false.
D
Assertion (A) is false but Reason (R) is true.
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