Question : Assertion: A financial market facilitates the exchange of financial assets.

Reason: Financial markets involve the trading of goods and services.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
 

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
 

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.

Question : Assertion (A): The price demand curve is negatively sloped.
Reason (R): Inverse relationship between price and demand is stated by the law of demand, holding all other parameters constant.

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 price-demand curve has a downward slope.
Reason (R): Inverse relationship between price and demand is stated by the law of demand, holding all other parameters constant.

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 : In which of the following cases does the law of demand fail?

Option 1: Giffen goods

Option 2: Normal goods

Option 3: Inferior goods

Option 4: Both Giffen and inferior goods

Question : Assertion: The demand curve demonstrates the inverse relationship between a good's own price and the number of units sought.
Reason: According to the law of diminishing marginal utility, consuming more units leads to lower consumer satisfaction.

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