A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct because the Price Stabilisation Fund covers essential commodities such as onions, pulses, and potatoes. Statement 2 is incorrect because the fund functions under the Department of Consumer Affairs, not the Ministry of Agriculture and Farmers Welfare.
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