Consider the following statements:
Assertion (A): Use of paper money is replaced by plastic money. The future will see the electronic money clearance through satellite networking.
Reason (R): RBI is encouraging e-banking.
A. (A) is false, but (R) is true
B. (A) is true, but (R) is false
C. Both (A) and (R) are false
D. Both (A) and (R) are true
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
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