Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? Assertion (A) Loco means on the spot. Reason (R) Loco price refers to the cost of goods at the factory of the seller. 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