1.

Assertion (A): The Expenditure method is called outlay method. Reason (R): This method is used only private sector. (a) Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’ (b) Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’ (c) ‘A’ is true but ‘R’ is false (d) ‘A’ is true but ‘R’ is false

Answer»

(c) ‘A’ is true but ‘R’ is false



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