With respect to credit and marketing in rural areas, consider the following statements:
1. The National Bank for Agriculture and Rural Development (NABARD) was set up as an apex body to coordinate the activities of all institutions involved in the rural financing system.
2. The Green Revolution led to the diversification of the portfolio of rural credit towards production-oriented lending.
Which of the above statement/s is/are incorrect?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2