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  • Assertion (A) : The Lead Bank Scheme was introduced to improve rural banking services.

  • Reason (R): The Gadgil Study group found that rural areas had an adequate number of Commercial banks.

ABoth A and R are true, and R is the correct explanation of A.

BBoth A and R are true, but R is not the correct explanation of A.

CA is true, but R is false.

DA is false, but R is true.

Answer:

C. A is true, but R is false.

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Consider the following Statements related to sale of a property. Choose the Statements that are wrong.

  1. Any person with an interest can apply to set aside a sale on grounds of irregularity or fraud within 45 days from the date of sale.
  2. Where multiple executions are received against the same defaulter, assets are distributed among decree holders rateably.
  3. If a sale is adjourned for more than 7 days, a fresh proclamation of sale must be made.
  4. The sales officer must confirm the sale, if no objections are received within 15 days from the date of Proclamation.