With reference to National Highways Authority of India NHAI consider following statements It was con...........

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With reference to National Highways Authority of India (NHAI), consider following statements

It was constituted by an Act of Parliament in 1988 under the administrative control of the Ministry of Road Transport and Highways.
It has been set up as a Central Authority to develop, maintain and manage the National Highways entrusted to it by the Government of India.

Select the correct statement.

1 only

2 only

Both

None

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Explanation:

Recently, National Highway Authority of India (NHAI) has accomplished construction of 3,979 kilometre of national highways in financial year 2019-20, which was the highest ever construction of National Highways in a financial year by NHAI. National Highways Authority of India (NHAI) was constituted by an Act of Parliament in 1988 under the administrative control of the Ministry of Road Transport and Highways. The authority, however, became operational in 1995. NHAI has been set up as a Central Authority to develop, maintain and manage the National Highways entrusted to it by the Government of India. The Authority consists of a full time Chairman, and not more than five full time Members and four part time Members who are appointed by the Central Government.