Consider the following statements: 1. The National Housing Bank, the apex institution of housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India. 2. The Small Industries Development Bank of India was established as a wholly-owned subsidiary of the Industrial Development Bank of India. Which of the statements given above is/ are correct?
Options
(a)1 only
(b)2 only
(c)Both 1 and 2
(d)Neither 1 nor 2
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