Consider the following statements. Assertion (A): The future will see mostly the electronic money clearance through satellite networking. Reasoning (R): RBI is encouraging e-banking.

Here is a more detailed explanation of each option:

• Option A: (A) is true, but (R) is false. This is not the correct answer because (R) is actually true. RBI is encouraging e-banking, which is a form of electronic money clearance.
• Option B: (A) is false, but (R) is true. This is also not the correct answer because (A) is actually true. Electronic money clearance through satellite networking is a more efficient and secure way to transfer money than traditional methods.
• Option C: Both (A) and (R) are true and (R) is the correct explanation of (A). This is not the correct answer because (R) does not support (A). There are other reasons why RBI is encouraging e-banking, such as to reduce costs and improve customer service.
• Option D: Both (A) and (R) are true, but (R) does not support (A). This is the correct answer because (A) is true and (R) is true, but (R) does not support (A).