Consider the following statements and select the correct answer from the codes given below the statements:

Assertion [A]: Generally, India had a favorable balance of trade during the British rule.
Reason [R]: The drain of wealth took the form of unrequited exports.

A) Both [A] and [R] are true and [R] is the correct explanation of [A]

B) Both [A] and [R] are true but [R] is not the correct explanation of [A]

C) [A] is true but [R] is false

D) Both [A] and [R] are false

This MCQ is part of the UP PSC Previous Year Questions (PYQs) series, focusing on UPPSC Prelims 2017 (GS Paper I)