Q.
1
Reason (R): Being monetary authority and custodian of foreign exchange , RBI enjoys requisite expertise of FEMA administration.
Which of the following codes is correct?
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A
Both (A) and (R) are correct and (R) is the right explanation of (A)
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B
Both (A) and (R) are correct and (R) is not the right explanation of (A)
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C
Both (A) and (R) are incorrect.
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D
(A) is correct and (R) is not correct