Assertion (A): Banks pay less interest on fixed deposit accounts as compared to savings account.
Reason(R): Banks have to pay a lot of interest on savings account.
On the basis of above Assertion and Reason choose the correct answer from the options given below.
(A) Both Assertion and Reason are correct and the Reason is a correct explanation of the Assertion.
(B) Both Assertion and Reason are correct but Reason is not a correct explanation of the Assertion.
(C) The Assertion is correct but Reason is incorrect.
(D) Both the Assertion and Reason are incorrect.