Given below are two statements

Statement I: The National Assessment and Accreditation Council (NAAC) is a constituent unit of UGC.

Statement II: National Board of Accreditation (NBA) was established by UGC with the purpose of evaluating technical programs.

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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