Question

Assertion and Reasoning – choose the correct answer from the following :

Assertion (A): Non-institutional finance forms an important part of rural credit.

Reasoning (R): Small farmers are unable to access bank credit because of borrowers' unfriendly products.

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, but (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.