Economics · Financial Markets
Indicate the correct code for the following two statements of Assertion (A) and Reasoning (R): Assertion (A): Investors in the capital market now have a higher inclination for investment in debentures. Reasoning (R): Debentures have active secondary markets now.
- 1Both (A) and (R) are correct, and (R) is the correct explanation of (A).
- 2Both (A) and (R) are correct, but (R) is not the correct explanation of (A).
- 3(A) is correct, but (R) is incorrect.
- 4Both (A) and (R) are incorrect.✓
Correct answer
Both (A) and (R) are incorrect.
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