Given below are two statements

Statement I: National Commission of Higher Education and Research (NCHER) is the apex regulatory body for Higher Education in India

Statement II: The Independent Regulatory Authority for Higher Education will not be dealing with entry regulatory functions of AICTE, MCl and BCl, as recommended by the National Knowledge Commission

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 II is incorrect
4
Statement I is incorrect but Statement II is correct

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