MCQOPTIONS
Saved Bookmarks
| 1. |
Assertion (AS): In the agricultural lending mechanism of India, moneylenders despite their usurious rates of interest are still predominant.Reason (R): Most often the commercial banks could not meet the target of 18% of their total lending for the agricultural sector in the country.Codes: |
| A. | Both (AS) and (R) are true and (R) is the correct explanation of (AS). |
| B. | Both (AS) and (R) are true, but (R) is not the correct explanation of (AS). |
| C. | (AS) is true and (R) is false. |
| D. | (AS) is false and (R) is true. |
| Answer» B. Both (AS) and (R) are true, but (R) is not the correct explanation of (AS). | |