Economics · Economy
Consider the Statement and Reason, and choose the correct answer from the codes given below. Assertion (A): The Ratnakar Bank (now RBL Bank) is historically referred to as the 'NH4 Bank' in banking circles. Reason (R): The majority of the business of the bank traditionally came from cities in and around National Highway 4 (NH4).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both (A) and (R) are false
- 2Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
- 3(A) is true, but (R) is false
- 4Both (A) and (R) are correct, and (R) is the correct explanation of (A)✓
Correct answer
Both (A) and (R) are correct, and (R) is the correct explanation of (A)
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