The correct answer is: Both (A) and (R) are true.
The Central Bank of a country is responsible for maintaining the stability of the monetary system. This includes managing the money supply, setting interest rates, and regulating financial institutions. The Central Bank is also responsible for issuing currency and coins.
The Central Bank is the only authorized entity to issue currency and coins in a country. This is because the Central Bank is responsible for maintaining the stability of the monetary system. If other entities were allowed to issue currency, it would be difficult for the Central Bank to control the money supply and interest rates. This could lead to inflation or deflation, which would be harmful to the economy.
Therefore, both (A) and (R) are true. The Central Bank is responsible for maintaining the stability of the monetary system, and it is the only authorized entity to issue currency and coins.
Here is a brief explanation of each option:
- Option A: Both (A) and (R) are true. This is the correct answer. The Central Bank is responsible for maintaining the stability of the monetary system, and it is the only authorized entity to issue currency and coins.
- Option B: Both (A) and (R) are false. This is not the correct answer. The Central Bank is responsible for maintaining the stability of the monetary system, and it is the only authorized entity to issue currency and coins.
- Option C: (A) is true, but (R) is false. This is not the correct answer. The Central Bank is responsible for maintaining the stability of the monetary system, and it is the only authorized entity to issue currency and coins.
- Option D: (R) is true, but (A) is false. This is not the correct answer. The Central Bank is responsible for maintaining the stability of the monetary system, and it is the only authorized entity to issue currency and coins.