Reason (R): Clean floating rate is influenced by the intervention of the central bank in the foreign exchange market.
A. Both Assertion (A. and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
B. BothAssertion(A)andReason(R)are true and Reason (R) is not the correct explanation of Assertion (A).
C. Assertion (A) is true but Reason (R) is false.
D. Assertion (A) is false but Reason (R) is true.
Answer:A
Reason (R): Clean floating rate is influenced by the intervention of the central bank in the foreign exchange market.
A. Both Assertion (A. and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). B. BothAssertion(A)andReason(R)are true and Reason (R) is not the correct explanation of Assertion (A). C. Assertion (A) is true but Reason (R) is false. D. Assertion (A) is false but Reason (R) is true.