Question : Assertion (A): Rural banking has always given small and marginal farmers' lending needs less consideration. Reason (R): Farmers on the margins are more creditworthy.
Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Option 3: Assertion (A) is true but Reason (R) is False
Option 4: Assertion (A) is False but Reason (R) is true.
Correct Answer: Assertion (A) is true but Reason (R) is False
Solution : Small and marginal farmers' financing needs have always received less attention from rural banking. The demands of small and marginal farmers have not been met by rural lending organizations or their programs. The Benefits of rural banking are mostly enjoyed by the rich farmers. Hence option c is the correct answer.
Question : Assertion: Physical capital is tangible in nature Reason: Physical capital can be seen and touchable.
Question : Assertion (A): Complementary goods have joint demand. Reason (R): In order to fulfill a specific need, complementary commodities are simultaneously desired.
Question : Assertion (A): Purchased goodwill means goodwill for which a consideration has been paid. Reason (R): It is shown in Balance Sheet as a liability.
Question : Assertion: Complementary goods have joint demand. Reason: In order to satiate a specific need, complementary items are simultaneously needed.
Question : Assertion (A): A new business is likely to have lesser goodwill. Reason (R): Goodwill is an intangible asset.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile