Keeping in view the IAS$-7,$ classify the following transactions with reasons into operating lease or finance lease:

i$.$B Limited has obtained a generator for official lease for $2$ year period whose useful lite is $5$ years

i$.$The C Ltd$,$ has acquired an asset on lease the ownership of which will be transterred to the company at the end of lease term.

iit. The D Ltd$,$ has acquired an asset on lease with an option to buy it at the end of loase term at scrap value

ivThe ZLtd$.$ has acquired an asset on lease for $9$ years. The economic life of the assect is $10$ years. The company has no intention to purchase it at the end of lease term.

X Ltd$.$ has acquired an asset with annual lease payment of Ra $50,000$ for ten years whereas the fair value of the asset is Rs$.210000$