With reference to 'Stand Up India Scheme', which of the following statements is/are correct?1.Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs.2.It provides for refinance through SIDBI.Select the correct answer using the code given below

1. 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.

2. 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.

3. 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.

4. 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).