Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Management

Question:
Assertion (A): Effective and efficient management of finance enables the firm to grow and prosper.
Reason (R): Availability of adequate finance is not very important for the survival and growth of a business.
Options:
Both A and R are true and R is the correct explanation of A
Both A and R are true but R is not the correct explanation of A.
A is true but R is false
A is false but R is true
Correct Answer:
A is true but R is false
Explanation:
Availability of adequate finance is very crucial for the survival and growth of a business.