Assertion (A): The Central Bank of the country is responsible to maintain stability of the monetary standard which involves currency circulation.
Reason (R): The Central Bank is the only authorised entity to do so.
A. Both (A) and (R) are true
B. Both (A) and (R) are false
C. (A) is true, but (R) is false
D. (R) is true, but (A) is false
Answer: Option C
This Question Belongs to Commerce >> Banking And Financial Institutions
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