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 State Bank of India subscribed to the T-bills in 2019 and extended the facility multiple times. Statement 2 is incorrect because the Ministry of External Affairs reported the assistance and interest payments, not the Ministry of Finance acting independently of external affairs.
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