A
Both 1 and 2
B
Neither 1 nor 2
C
2 only
D
1 only
Correct answer: (d) 1 only
Explanation
Statement 1 is correct as RSETIs are managed by Lead Banks in partnership with the Ministry of Rural Development. Statement 2 is incorrect because they do not function under the Ministry of Finance.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2026 · Q49 · General Studies · 2 marks
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2025 · Q70 · General Studies · 2 marks
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