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 She-Mart is a retail network launched under cooperative initiatives to empower women by marketing SHG products. Statement 2 is incorrect because cooperation is a subject under the State List (List II) of the Seventh Schedule of the Constitution, although states and the Centre collaborate under cooperative federalism.
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