Assertion (A) : Lehman Brothers (an investment banking compa

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Assertion (A) : Lehman Brothers (an investment banking company of US) filed for chapter 11 bankruptcy protection in September 2008.

Reasons (R) : Sub-prime lending was one of the main causes of the financial crisis.

M.P.P.C.S. (Pre) 2008

[Miscellaneous]

A

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

B

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

C

A is true, but R is false.

D

A is false, but R is true.

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