MCQOPTIONS
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| 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) | |