Consider the following statements regarding India’s Imports:
1. Regulation of imports in India is done by the Director General of Foreign Trade (DGFT).
2. In the fiscal year 2024-2025, imports of Jewellery into India have surged by over 30 times.
Which of the above statements is/are correct?
1
1 Only
2
2 Only
3
Both 1 and 2
4
Neither 1 nor 2