There are two statements, one labelled as Assertion (A) and the other labelled as Reason (R):
Assertion: India had the power to appoint a permanent Executive Director on the Board of Executive Directors of the IMF.
Reason: India's subscription quota in the IMF was the fifth-largest until 1970.
1
Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
2
Both the assertion and reason are true, but the reason is not the correct explanation of the assertion.
3
The assertion is true, but the reason is false.
4
The assertion is false, but the reason is true.