Given below are two statements:​

Statement I: Universities recognized as Institute of Eminence (IoE) are exempted from Government approvals for seeking academic collaborations with any foreign higher education institution.

Statement II: Universities with the status of IoE have complete Academic/Administrative/Financial autonomy.

In light of the above statements, choose the correct answer from the options given below:

1
Both Statement I and Statement II are true
2
Both Statement I and Statement II are false
3
Statement I is true but Statement II is false
4
Statement I is false but Statement II is true

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