Question

Assertion (A) : Market value of a share always remains the same.

Reason (R) : The value of a share printed on the share certificate is called its face value.

Options

• Both A and R are true, and R is the correct explanation of A.

• Both A and R are true, but R is not the correct explanation of A.

• A is true, but R is false.

• A is false, but R is true.

Answer 1

A is false, but R is true.

Explanation:

Step 1 – Assertion: A is false. The market value of a share changes from time to time.

Step 2 – Reason: R is true. The value printed on the share certificate is called its face value.