Given below are two statements, one labelled as Assertion (A) and the other as Reason (R). **Assertion (A):** Bihar has successfully projected its fiscal deficit within the 3% limit of GSDP for the financial year 2024-25. **Reason (R):** The Fiscal Responsibility and Budget Management (FRBM) Act mandates states to restrict their fiscal deficit to a sustainable level, with flexibility linked to power sector reforms. Select the correct answer using the codes given below:

Options:

• A: Both A and R are true but R is not the correct explanation of A.
• B: Both A and R are true and R is 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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