Correct answer: (c) Both 1 and 2
Explanation
- A
1 only
Statement 1 only. Stand Up India does target SC/ST and women entrepreneurs, but SIDBI refinance is also part of the architecture. 1 alone is incomplete.
- B
2 only
Statement 2 only. SIDBI refinance is right, yet the purpose in statement 1 is also correct. This letter is not the key.
- C
Both 1 and 2
Both 1 and 2. Stand Up India (2016) finances greenfield enterprises of SC/ST and women borrowers through bank loans, with SIDBI providing refinance support. That stored letter is the official key.
- D
Neither 1 nor 2
Neither. Both statements match the scheme, so ‘neither’ is not the key.
Summary. Official key is (c) both 1 and 2. Stand Up India is an SC/ST and women greenfield-loan scheme with SIDBI in the refinance loop. Honour the stored letter (c).
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