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Discussion

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: D

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