Consider the following statements.
1) Micro Management of Agriculture (MMA) is a centrally sponsored scheme formulated in the year 2000.
2) Under the scheme, 50% of the funds have to be earmarked for small, marginal and women farmers.
Which of the statements given above is/are correct?
(A) 1 only
(B) 2 only
(C) Both & 2
(D) neither 1 nor 2
Answer: (A) 1 only