Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: The procurement of funds is a strategic managerial function where the choice between sources such as share capital, debentures, and loans depends on balancing purpose, cost, risk, control, and flexibility. Reason R: Sound financial management facilitates proper coordination among departments by aligning financial resources with functional needs. In the light of the above statements, choose the most appropriate answer from the options given below:

Question

General Studies · Procurement of Funds and Financial Coordination

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

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

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Procurement of Funds and Financial Coordination?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in General Studies · Procurement of Funds and Financial Coordination

Which Indian independence movement leader was primarily known for his philosophy and practice of non-violent civil disobedience?

Who gave the call for 'Do or Die' during the Quit India Movement in 1942?

Answer 1

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

Answer 2

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

Answer 3

A is correct but R is not correct

Answer 4

A is not correct but R is correct

Related Practice Questions