Assertion (As) : Lehman Brothers (an investment banking company of US) filed for chapter 11 bankruptcy protection in September 2008.Reason (Re) : Subprime lending was one of the major causes of financial crisis.

Question

TuteeHUB · Accepted Answer

Both (As) and (Re) are individually true but (Re) is not correct explanation of (As).

TuteeHUB · Answer

Both (As) and (Re) are individually true and (Re) is the correct explanation of (As).

TuteeHUB · Answer

(As) is true but (Re) is false.

TuteeHUB · Answer

(As) is false but (Re) is true.

1.	Assertion (As) : Lehman Brothers (an investment banking company of US) filed for chapter 11 bankruptcy protection in September 2008.Reason (Re) : Subprime lending was one of the major causes of financial crisis.
A.	Both (As) and (Re) are individually true and (Re) is the correct explanation of (As).
B.	Both (As) and (Re) are individually true but (Re) is not correct explanation of (As).
C.	(As) is true but (Re) is false.
D.	(As) is false but (Re) is true.
Answer» B. Both (As) and (Re) are individually true but (Re) is not correct explanation of (As).

Assertion (As) : Lehman Brothers (an investment banking company of US) filed for chapter 11 bankruptcy protection in September 2008.Reason (Re) : Subprime lending was one of the major causes of financial crisis.

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