With reference to Asset Monetisation, consider the following statements:

1. Asset monetisation is the process of creating new sources of revenue for the government and its entities by unlocking the economic value of unutilised or underutilised public assets

2. In India, the idea of asset monetisation was first suggested by a committee led by economist C. Rangarajan in 2010 on the roadmap for fiscal consolidation.

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

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