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Read the following statements -Assertion (A) and Reason(R), Choose one of the correct alternatives given below: Assertion (A): Since the default rates of farm loans have become -

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Question

Read the following statements -Assertion (A) and Reason(R), Choose one of the correct alternatives given below:

Assertion (A): Since the default rates of farm loans have become chronically high due to multiple reasons, the rural banks are facing a lot of cash crunch.

Reason(R): Due to lack of proper storage facilities a lot of farm produce is wasted.

Options

  • Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

  • Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

  • Assertion (A) is true but Reason (R) is false.

  • Assertion (A) is false but Reason (R) is true.

MCQ

Solution

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

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Credit and Marketing in Rural Areas
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