Practicing Success
Practicing Success
CUET Preparation Today
| Assertion: Stock exchange does not facilitate bank lending. Reasoning: Bank does not give loans against shares as their rates keep on fluctuating. |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.
Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A.
Assertion (A) is true but Reasoning (R) is not correct.
Both A and R are incorrect |
| Both A and R are incorrect |
| Stock Exchanges Facilitates bank lending: Bank easily know the prices of quoted securities. They offer loans to customers against corporate securities. This gives convenience to the owners of securities. |
