Consider the following statements:

1. Pradhan Mantri MUDRA Yojana aims to promote entrepreneurship and generate employment opportunities by extending financial assistance to non-corporate, non-farm small/micro enterprises.

2. It offers loans under two categories only, Shishu covers loans up to Rs. 50,000 and Kishore covers loans from Rs. 50,001 to Rs. 5 lakh.

Which of the above statements is/are incorrect?

1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2

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