Assertion (A): Microfinance enables financial self-reliance for individuals, providing them with access to capital and financial literacy. Reason (R): Microfinance is usually a continuous ongoing activity without a single fixed end date. Select the appropriate option:

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Education · Economics of Education

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)

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Answer 1

(A) is incorrect, while (R) is correct

Answer 2

Both (A) and (R) are incorrect

Answer 3

Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)

Answer 4

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

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