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Consider the following statements
1. Reserve Bank of India was nationalized on 1 January, 1949.
2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance.
Which of the statements given above is/are correct?
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- 1 only
- 2 only
- Both 1 and 2
- neither 1 nor 2
Correct Option: A
N/A