Assertion (A): The state has to supplement the traditional revenue sources with borrowing from individuals, and institutions within and outside the country. Reason (R): In the 18th and 19th centuries the role of the state was minimum, but since 20th century there has been enormous increase in the responsibilities of the state.
Both A and R are true and R is the correct explanation of A.
Both A and R are true but R is not the correct explanation of A
A is true but R is false
A is false but R is true