Consider the following statements:
A. The Small Industries Development Bank of India (SIDBI) and the Shell Foundation launched a $6 million Risk Sharing Facility (RSF) to improve access to finance for electric vehicles (EVs).
B. The $6 million facility is made up of $3 million from SIDBI and $3 million from the Shell Foundation.
C. This collaboration is also aligned with the Indian government's National EV Mission 50@50, which aims to increase the share of electric vehicles in new vehicle sales to 50% by 2050.
How many of the above statements are correct?
1
Only A
2
Only C
3
Both A & B
4
Both B & C
5
None of these