Consider the statements regarding Livestock Insurance Scheme in India:

1. There is a differential policy premium rate for different periods of policy taken by the beneficiary.

2. Only Milch animals of both indigenous and crossbred species are covered under the scheme.

Which of the above statements is/are not correct?

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

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