Reason (R): Public finance is concerned with the revenue and expenditure of public authorities and with adjustment of the one to the other.
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:A
Reason (R): Public finance is concerned with the revenue and expenditure of public authorities and with adjustment of the one to the other.
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