Question

• Assertion (A): Debt raised by the government from borrowings from the International Monetary Fund is an external debt.
• Reasoning (R): The Government of India may take loans from International Monetary Fund for Mumbai Metro Train.

Options

• (A) is True, but (R) is False.

• (A) is False, but (R) is True.

• Both (A) and (R) are True and (R) is the correct explanation of (A).

• Both (A) and (R) are True and (R) is not the correct explanation of (A).

Answer 1

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