Read the following statements and select the correct answer:

1. Government is required to limit the debt of the central government to 40% of the GDP by the year 2024-25.

2. Rangrajan committee recommended that government must target a fiscal deficit of 2.5 percent by 2023.

Which of the statements given above is/are correct?

1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 or 2
5
Question Not Attempted

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