Question

These four items consist of two  statements, one labeled as the 'Assertion (A)' and the other as  'Reason (R)' you are to examine these two statements carefully  and select the answer to these items using the codes given below: 

Assertion (A):   
The price of a stock is determined on the basis of demand and supply of the stock.   
Reason (R):   
The value of the Sensex increases whenever there is a heavy demand for the stocks which form the Sensex.   

Options

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

• Both A and R are individually 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

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