Direction In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?
Assertion (A) Commercial bill is an important tool to finance credit sales.
Reason (R) It may be a demand bill or a usance bill.
1
(A) is true, but (R) is false
2
Both (A) and (R) are true
3
(A) is false, but (R) is true
4
Both (A) and (R) are false