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Question
Assertion and reasoning question:
- Assertion (A): The money market economises the use of cash.
- Reasoning (R): The money market does not deal with financial instruments that are close substitutes for money.
Options
Assertion (A) is true but Reasoning (R) is false.
Assertion (A) is false but Reasoning (R) is true.
Both statements A and R are true and R is the correct explanation of A.
Both statements A and R are true and R is not the correct explanation of A.
Solution
Assertion (A) is true but Reasoning (R) is false.
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RELATED QUESTIONS
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