Assertion (A): The Reserve Bank of India is entrusted with the management of the public debt and the issue of new loans and treasury bills on behalf of the central and state Governments.Reasoning (R): The Governor and the Deputy Governors of the Reserve Bank of India are appointed by the Central Government.

Question

Assertion (A): The Reserve Bank of India is entrusted with the management of the public debt and the issue of new loans and treasury bills on behalf of the central and state Governments.Reasoning (R): The Governor and the Deputy Governors of the Reserve Bank of India are appointed by the Central Government.

TuteeHUB · Accepted Answer

(A) and (R) both are correct and (R) is the right explanation of (A).

TuteeHUB · Answer

(A) is correct but (R) is not correct.

TuteeHUB · Answer

(A) and (R) both are correct but (R) is not the right explanation of (A).

TuteeHUB · Answer

(A) and (R) both are not correct.

1.	Assertion (A): The Reserve Bank of India is entrusted with the management of the public debt and the issue of new loans and treasury bills on behalf of the central and state Governments.Reasoning (R): The Governor and the Deputy Governors of the Reserve Bank of India are appointed by the Central Government.
A.	(A) is correct but (R) is not correct.
B.	(A) and (R) both are correct but (R) is not the right explanation of (A).
C.	(A) and (R) both are correct and (R) is the right explanation of (A).
D.	(A) and (R) both are not correct.
Answer» C. (A) and (R) both are correct and (R) is the right explanation of (A).

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