Assertion (A): The Central Government can issue directions to the RBI under Section 7 of the RBI Act. Reason (R): RBI is a department under the Ministry of Finance.
Options:
- A: A is false, but R is true
- B: Both A and R are true, but R is NOT the correct explanation of A
- C: A is true, but R is false
- D: Both A and R are true, and R is the correct explanation of A
Related Practice Questions:
- A sum of ₹4000 is invested at compound interest for 2 years at a rate of 10% per annum. What will be the total amount at the end of 2 years?
- At what rate of simple interest per annum will a sum of money double itself in 8 years?
- The difference between the compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is ₹25. Find the sum.
- The study of living organism :
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