Reason (R): Passive deposits are also called as time deposits.
A. Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
B. Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
C. ‘A’ is true but ‘R’ is false
D. ‘A’ is false but ‘R’ is true
Answer:C
Reason (R): Passive deposits are also called as time deposits.
A. Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’ B. Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’ C. ‘A’ is true but ‘R’ is false D. ‘A’ is false but ‘R’ is true