Assertion (A) : Invertors in capital market now have higher inclination for investment in debentures.

Reasoning (R) : Debentures have active secondary markets now.

  • A

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


  • B

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

  • C

    (A) is correct but (R) is incorrect. 

  • D

    Both (A) and (R) are incorrect.