Economics · Economy
Consider the following Assertion (A) and Reason (R) and choose the correct code: Assertion (A): 'India Stack' has enabled an online, paperless and cashless digital access to various public and private services. This has reduced the cost of conducting e-KYC. Reason (R): India Stack consists of multiple interconnected layers, and of these, the 'Payment Layer' is the primary layer responsible for reducing the cost of conducting e-KYC.
- 1(A) is false, but (R) is true.
- 2(A) is true, but (R) is false.✓
- 3Both (A) and (R) are true, but (R) does not explain (A).
- 4Both (A) and (R) are true and (R) explains (A).
Correct answer
(A) is true, but (R) is false.
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