Indicate the correct code for the following two statements of Assertion (A) and Reasoning (R):

Assertion (A): Investors in the capital market now have a higher inclination for investment in debentures.

Reasoning (R): Debentures have active secondary markets now.

1
Both (A) and (R) are correct ; and (R) is the right explanation of (A).
2
Both (A) and (R) are correct ; but (R) is not the right explanation of (A).
3
(A) is correct but (R) is incorrect.
4
Both (A) and (R) are incorrect.

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