Given below are two statements

Statement I : The National Knowledge Commission recommended opening 500 universities to enable India to attain a Gross Enrolment Ratio of at least 20% by 2015

Statement II : The need to establish an Independent Regulatory Authority for Higher Education (IRAHE) was 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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