Given below are two statements, one labeled as Assertion (A) and the other as Reason (R). **Assertion (A):** Payments Banks are not allowed to undertake lending activities or issue credit cards. **Reason (R):** Payments Banks are established to promote financial inclusion by providing small savings accounts and payments/remittance services to low-income households and small businesses. In the context of the above statements, which of the following is correct?

Options:

• A: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
• B: Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).
• C: Assertion (A) is true but Reason (R) is false.
• D: Assertion (A) is false but Reason (R) is true.

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