Assertion (A). Use of paper money is replaced by plastic money. The future will see the electronic money clearance through satellite networking.Reason (R). RBI is encouraging e-banking. - Study24x7
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Banking/IRDA
265 followers study24x7 04 Dec 2020 01:30 PM study24x7 study24x7

Assertion (A). Use of paper money is replaced by plastic money. The future will see the electronic money clearance through satellite networking.Reason (R). RBI is encouraging e-banking.

A

(A) is false, but (R) is true

B

(A) is true, but (R) is false

C

Both (A) and (R) are false

D

Both (A) and (R) are true

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