Given below are two statements, one labelled as Assertion (A) and the other as Reason (R).\n **Assertion (A):** A sharp depreciation of the Indian Rupee against the US Dollar can lead to imported inflation in India.\n **Reason (R):** India is a net exporter of software services to the United States.\n Select the correct answer using the code given below:

Options:

  • A: Both A and R are true and R is the correct explanation of A
  • 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: A is false but R is true

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