In the question given below there are 2 statements marked as Assertion (A) and Reason (R). Choose the correct alternative from the following options.
Assertion (A)- The Green Revolution was a harbinger of major changes in the credit system as it led to the diversification of the portfolio of rural credit towards production-oriented lending
Reason (R)- The formal credit delivery mechanism has not only proven inadequate but has also not been fully integrated into the overall rural social and community development.
Answer & explanation
Correct answer: option 2
The correct answer is option 2: Both (A) and (R) are true but (R) is not the correct explanation of (A).
Assertion (A)- The Green Revolution was a harbinger of major changes in the credit system as it led to the diversification of the portfolio of rural credit towards production-oriented lending. This is correct.
Reason (R)- The formal credit delivery mechanism has not only proven inadequate but has also not been fully integrated into the overall rural social and community development. This is correct.
However, R does not explain A.