Question

Read the following statements : Assertion (A) and Reason (R).
Assertion (A) : The investing public gets a safe and fair deal on the stock market.
Reason (R) : The membership of stock exchange is well regulated and its dealings are well defined according to the existing legal framework.
Choose the correct alternative :

• A. Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).
• B. Both Assertion (A) and Reason (R) are correct, but Reason (R) is not the correct explanation of Assertion (A).
• C. Both Assertion (A) and Reason (R) are incorrect.
• D. Assertion (A) is correct, but Reason (R) is incorrect.

Hint:

The Stock Exchange operates under the watchful eye of SEBI, which ensures that the rules (Reason) lead to investor safety (Assertion).

Answer 1

The Correct Option is A