With reference to the Higher Education Financing Agency (HEFA), consider the following statements:
1. It aims to provide finance at competitive interest rates for capital asset creation in India’s educational institutions.
2. It covers educational institutions under both school and higher education.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2