Question : Assertion (A): Demand deposits is a Non-Legal Tender Money or Optional Money.

Reason(R): Depositors are given a cheque facility to withdraw money from their account or to make payments in case of demand deposits.

Option 1: Both Assertion (A) and Reason(R) are true and Reason (R) is the correct explanation of Assertion (A)

Option 2: Both Assertion (A) and Reason(R) are true, but Reason (R) is not the correct explanation of Assertion (A)

Option 3: Assertion (A) is true, but Reason (R) is false.

 

Option 4: Assertion (A) Is false, but Reason (R) is true.

Question :  Assertion (A): Net Demand deposits of Commercial Banks are included in the money supply.

Reason(R): Interbank deposits are deposits held by banks on behalf of other banks and do not belong to the public.

Option 1: Both Assertion (A) and Reason(R) are true and Reason (R) is the correct explanation of Assertion (A)

Option 2: Both Assertion (A) and Reason(R) are true, but Reason (R) is not the correct explanation of Assertion (A)

Option 3: Assertion (A) is true, but Reason (R) is false.

Option 4: Assertion (A) Is false, but Reason (R) is true.

Question : Assertion (A): Demand elasticity is higher for durable commodities.
Reason (R): Once durable items are in high demand now, their demand can be delayed.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is True

Question : Assertion (A): Demand Deposits are considered a convenient mode of payment for the execution of even high-value transactions.

Reason(R): Demand Deposits are non-withdrawable in nature and cannot be withdrawn against the issue of cheques and other similar instruments of payment.

Option 1: Both Assertion (A) and Reason(R) are true and Reason (R) is the correct explanation of Assertion (A)

Option 2: Both Assertion (A) and Reason(R) are true, but Reason (R) is not the correct explanation of Assertion (A)

Option 3: Assertion (A) is true, but Reason (R) is false.

Option 4: Assertion (A) Is false, but Reason (R) is true.

Question : Assertion (A): Demand elasticity is higher for durable commodities.
Reason (R): Demand for durable goods can be postponed once they are demanded at present.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is True

Question : Assertion (A): The demand curve for the market is flatter than the demand curve for an individual.

Reason (R): By horizontally summing individual demand, the market demand curve is created.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A)

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is True