Assertion (A) "Banks globally are facing more challenges now and macro sustainability is a necessity but not sufficient for sustainable economic growth."
Reason (R) "Putting regulations in place is only one part and their implementation is equally important for achieving growth and sustainability."

A) Both (A) and (R) are correct and (R) is the correct explanation of (A) B) Both (A) and (R) are true, but (R) is not the correct explanation of (A) C) (A) is true, but (R) is incorrect D) (A) is incorrect, but (R) is correct

Answer & Solution

Correct Answer: Option A

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Assertion (A) Banks globally are facing more challenges now and macro...

Assertion (A) "Banks globally are facing more challenges now and macro sustainability is a necessity but not sufficient for sustainable economic growth." Reason (R) "Putting regulations in place is only one part and their implementation is equally important for achieving growth and sustainability."

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Related Questions on Banking and Financial Institutions

Assertion (A) "Banks globally are facing more challenges now and macro sustainability is a necessity but not sufficient for sustainable economic growth."
Reason (R) "Putting regulations in place is only one part and their implementation is equally important for achieving growth and sustainability."