Consider the following statements and select the correct ans

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Consider the following statements and select the correct answer using the code given below:

Assertion (A) : The Union Finance Commission does not have any role in considering measures for providing financial assistance to local bodies.

Reason (R) : In spite of the 73rd and 74th Constitutional Amendments, local government continues to be a state subject in the Seventh Schedule of the Constitution.

Code :

U.P.P.C.S. (Mains) 2011

[Panchayati Raj and Community Development]

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

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

(A) is true, but (R) is false.

(A) is false, but (R) is true.

EXPLANATION

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