Assertion (A): In the past few years there is a lot of mergers and acquisitions going on in Indian Industrial Sector.
Reason (R): There has been considerable dilution in MRTP Act provisions.
Select the correct answer:

A. Both A and R are correct and 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 true but R is false

D. A is false but R is true

Answer: Option B