Q.
1

Assertion (A): A high operating ratio indicates a favourable position

Reasoning (R): A high operating ratio leaves a high margin to meet non operating expenses

 

 

  • A

    (A) and (R) both are correct and (R) correctly explains (A)

  • B

    Both (A) and (R) are correct but (R) does not explain (A)

  • C

    Both (A) and (R) are incorrect

  • D

    (A) is correct but  (R) is incorrect