Assertion (A): The British East India Company was established in England to have trade relations with India.Reason (R): The balance of trade with England Was always favourable to India.Choose the correct answer:
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.
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