Question

Given below are two statements, one is labelled as Assertion (

  • A and the other as Reason (
  • A : Keynes considered fiscal policy more significant than monetary policy. Reason (
  • R : Assertion (
  • R : Monetary policy fails to treat the situation of recession whereas fiscal policy has considerable success. Select the correct answer using the codes given below : Code:
A Both (A) and (R) are correct, (R) is the correct explanation of (A).
B Both (A) and (R) are correct but (R) is not the correct explanation of (A).
C (A) is correct but (R) is incorrect.
D (A) is incorrect but (R) is correct.
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