Question

Assertion (A): Commercial banks can control credit.

Reasoning (R): Commercial banks function to earn profit.

Options

• (A) is True, but (R) is False.

• (A) is False, but (R) is True.

• Both (A) and (R) are True and (R) is the correct explanation of (A).

• Both (A) and (R) are True and (R) is not the correct explanation of (A).

Answer 1

Both (A) and (R) are True, but (R) is not the correct explanation of (A).