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1 mark2025

Given below are two statements marked Assertion and Reason. Read the statements carefully and
choose the correct option.
Assertion: Commercial banks can deposit their surplus funds with RBI.
Reason: A high reverse repo rate enables the commercial banks to earn an income.

  1. Both Assertion and Reason are true and Reason is the correct explanation of Assertion.
  2. Both Assertion and Reason are true but Reason is not the correct explanation of Assertion.
  3. Assertion is true and Reason is false.
  4. Both Assertion and Reason are false.

Board paper · 2025 · Oswaal Books (reproduction of CISCE board paper)

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