Question

Choose the correct option.

Assertion (A): NABARD supports entrepreneurs through loans and subsidies.

Reason (R): Entrepreneurs use these loans to start business ventures in the industrial sector.

• A. Both A and R are true, and R is the correct explanation of A.
• B. A is true, but R is false.
• C. Both A and R are true, but R is not the correct explanation of A.
• D. A is false, but R is true.

Answer 1

The correct option is B A is true, but R is false.

The National Bank for Agricultural and Rural Development (NABARD) supports entrepreneurs through loans and subsidies in the rural and agricultural sectors. Agriculture has great scope for entrepreneurs.