1.

Given below are two statements, one labelled as the Assertion (A) and other as Reason (R).Assertion (A): Under Operation Twist, RBI simultaneously sells short term securities and buy long term securities.Reason (R) : The main objective of this operation is to promote long term investment.Select the correct answer from the codes given below.Codes:

A. Both (A) and (R) are true and (R) is the correct explanation of (A)
B. Both (A) and (R) are true and (R) is not the correct explanation of (A)
C. (A) is true but (R) is false
D. (A) is false but (R) is true
Answer» B. Both (A) and (R) are true and (R) is not the correct explanation of (A)


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