Direction: In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? Assertion (A) Accounts of shareholders are in electronic forms which is called D-mat. Reason (R) Now, sale and purchase of shares are in electronic forms. Codes

• 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