A
Both 1 and 2
B
1 only
C
Neither 1 nor 2
D
2 only
Correct answer: (b) 1 only
Explanation
Statement 1 is correct as India imports major intermediate inputs like APIs and solar wafers heavily from China, driving the trade deficit past $100 billion. Statement 2 is incorrect because trade policy and deficits are handled by the Ministry of Commerce and Industry, not the Ministry of Environment, Forest and Climate Change.
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