Given below are the two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Select your answer from the code given below :

Assertion (A) : India has not been able to bridge its trade deficity.

Reason (R) : India’s exports in terms of value has been declining.

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.

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