Comprehension Passage
Directions In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which of the following is correct?
Assertion (A) IMF introduced adjustable peg system.
Reason (R) IMF tried to control uncontrolled fluctuation of foreign exchange.
1
Both (A) and (R) are true and (R) is the correct explanation of (A)
2
Both (A) and (R) are true, but (R) is not the correct explanation of (A)
3
(A) is true, but (R) is false
4
(A) is false, but (R) is true