Consider the following statements1. 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?

Consider the following statements1. Reserve Bank of India was national

1.	Consider the following statements1. 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?
A.	1 only
B.	2 only
C.	Both 1 and 2
D.	neither 1 nor 2
Answer» B. 2 only