Assertion (A): Primary deposits are also called as passive deposits.
Reason (R): Passive deposits are also called as time deposits.
Reason (R): Passive deposits are also called as time deposits.
- ABoth ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
- BBoth ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
- ✓‘A’ is true but ‘R’ is false
- D‘A’ is false but ‘R’ is true
Answer: C.
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