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?

 

  • A

    Both (A) and (R) are correct and (R) is the right explanation of (A)

  • B

    Both (A) and (R) are correct and (R) is not the right explanation of (A)

     

  • C

    Both (A) and (R) are incorrect.                     

  • D

    (A) is correct and (R) is not correct