Assertion (A) : Ceiling on foreign exchange for a host of cu

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M: +2.00/-0.33

Assertion (A) : Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000.

Reason (R) : There was a fall in foreign currency assets also.

I.A.S. (Pre) 2001

[External Sector - Trade, FDI, Debt]

Both A and R are individually true, and R is the correct explanation of A

Both A and R are individually true, but R is not the correct explanation of A

A is true, but R is false

A is false, but R is true

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