Given below are two statements:
Statement I: NPTEL is the smallest online repository in the world of courses in Engineering, Basic Sciences and Selected humanities and Management subjects.
Statement II: NPTEL is a joint venture of the IITs and IISc, funded by the Ministry of Education (MOE) Government of India and it was launched in 2003.
In light of the above statements, choose the most appropriate answer from the options given below:
1
Both Statement I and Statement II are correct.
2
Both Statement I and Statement II are incorrect.
3
Statement I is correct but Statement Il is incorrect.
4
Statement I is incorrect but Statement II is correct.