Assertion (A): There was an increase in industrial production during 1999-2000. Reason (R): The period witnessed a stable exchange rate and improved business sentiments.

(a)

Both A and R are individually true, and R is the correct explanation of A

(b)

Both A and R are individually true, but R is NOT a correct explanation of A

(c)

A is true, but R is false

(d)

A is fasle, but R is true