The materials having negative magnetic susceptibility are

  • A
    paramagnetic.
  • B
    diamagnetic.
  • C
    ferromagnetic.
  • D
    both paramagnetic and ferromagnetic.

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Assertion: $A$ disc-shaped magnet is levitated above a superconducting material that has been cooled by liquid nitrogen.
Reason: Superconductors repel a magnet.

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