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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:
Assertion (A): Paper Money is becoming more popular these days.
Reason (R): It is generally acceptable and convenient to carry.
- a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
- b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).
- c)Assertion (A) is true but reason (R) is false.
- d)Assertion (A) is false but reason (R) is true.
Correct answer is option 'A'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) ...
Assertion (A): Paper Money is becoming more popular these days.
Reason (R): It is generally acceptable and convenient to carry.
The correct answer is option A - Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
Explanation:
1. Paper Money is becoming more popular these days:
- The assertion states that paper money is becoming more popular these days. This is true because paper money, also known as fiat money, is widely used as a medium of exchange in most countries.
- With the advancement in technology, electronic payment systems and online banking have gained popularity. However, paper money remains essential for everyday transactions and is widely accepted by businesses and individuals.
- The convenience and ease of use of paper money contribute to its popularity. It is widely available, easily accessible, and can be used for various transactions, including purchasing goods and services, paying bills, and making payments in cash-only establishments.
2. Paper money is generally acceptable and convenient to carry:
- The reason states that paper money is generally acceptable and convenient to carry. This is true because paper money is universally recognized as a valid form of payment and is accepted by most businesses, organizations, and individuals.
- Unlike other forms of payment such as checks or credit cards, paper money does not require any additional verification or authorization. It is a direct and immediate means of payment.
- Paper money is also convenient to carry as it is lightweight, easily foldable, and can be easily stored in wallets, purses, or pockets. It does not require any additional equipment or technology to use.
- Additionally, paper money does not rely on electricity or internet connectivity, making it accessible in remote areas or during emergencies when electronic payment systems may not be available.
Conclusion:
Both the assertion and reason are true, and reason (R) provides a logical explanation for the popularity of paper money. Its universal acceptance and convenience make it a preferred medium of exchange for many individuals and businesses.
Reason (R): It is generally acceptable and convenient to carry.
The correct answer is option A - Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
Explanation:
1. Paper Money is becoming more popular these days:
- The assertion states that paper money is becoming more popular these days. This is true because paper money, also known as fiat money, is widely used as a medium of exchange in most countries.
- With the advancement in technology, electronic payment systems and online banking have gained popularity. However, paper money remains essential for everyday transactions and is widely accepted by businesses and individuals.
- The convenience and ease of use of paper money contribute to its popularity. It is widely available, easily accessible, and can be used for various transactions, including purchasing goods and services, paying bills, and making payments in cash-only establishments.
2. Paper money is generally acceptable and convenient to carry:
- The reason states that paper money is generally acceptable and convenient to carry. This is true because paper money is universally recognized as a valid form of payment and is accepted by most businesses, organizations, and individuals.
- Unlike other forms of payment such as checks or credit cards, paper money does not require any additional verification or authorization. It is a direct and immediate means of payment.
- Paper money is also convenient to carry as it is lightweight, easily foldable, and can be easily stored in wallets, purses, or pockets. It does not require any additional equipment or technology to use.
- Additionally, paper money does not rely on electricity or internet connectivity, making it accessible in remote areas or during emergencies when electronic payment systems may not be available.
Conclusion:
Both the assertion and reason are true, and reason (R) provides a logical explanation for the popularity of paper money. Its universal acceptance and convenience make it a preferred medium of exchange for many individuals and businesses.
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Community Answer
Directions: In the following questions, a statement of assertion (A) ...
Paper money is a country's official, paper currency that is circulated for transaction related purposes of good and service.since we live in a digital age and use credit cards for online transactions,the reason why paper money still popular these days is rather simple.one still needs physical,paper money to back up online transactions. paper money and currencies may be the concept of value that humans arbitrarily assigned,but the system has worked perfectly to this day.
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?.
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Paper Money is becoming more popular these days.Reason (R): It is generally acceptable and convenient to carry.a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.
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