With reference to 'Ayushman Bharat Yojana' which of the following statement(s) is/are correct?

1. This Yojana provides free health insurance of Rs. 5 lakh per person.

2. The expenses incurred in this Scheme (Yojana) is shared between the Centre and State in 60:40 ratio.

Select the correct answer from the codes given below.

1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2

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