Assertion (A) : Corporate governance is an important instrument of investor protection.

Reason (R) : Strong corporate governance is indispensable to resilient and vibrant capital markets.

Which one of the following options is correct?

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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