Assertion (A) : Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000. 

Reason (R) : There was a fall in foreign currency assets also. 

(a) Both A and R are individually true and R is the correct explanation of A 

(b) Both A and R are individually true but R is not the correct explanation of A 

(c) A is true but R is false 

(d) A is false but R is true

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1 Answers

(a) Both A and R are individually true and R is the correct explanation of A

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