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) Exchanges of debentures and shares are done industrial securities market. Reason (R) Exchanges of shares and debentures are divided in two markets: primary market and secondary market. 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