Consider the following statement:

1. FICCI was formed as an interest group that played a major role in economic policy negotiations.

2. FICCI refuse to negotiate with the British on economic or political issues without the participation or approval of Congress.

Which of the following 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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