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 as the Civil Aviation Ministry emphasized expanding domestic MSME participation. Statement 2 is incorrect because Indian MSMEs currently account for over $4 billion (not $10 billion) in annual aerospace component exports.
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