Consider the following statements about Prime Minister Research Fellowship announced recently 1 ...........

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Consider the following statements about Prime Minister Research Fellowship announced recently:

1. The fellowship shall provide students pursuing PhD in IITs, IISc, IISERs, NITs and IIITs a monthly stipend of Rs. 70,000 for first two years, Rs. 75,000 for third year and Rs. 80,000 for fourth and fifth year respectively.

2. The fellowship also provides a research grant of Rs 2,00,000 over 5 years to meet some of research expenditures.

Which of the above statements is/are incorrect?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

The catch in the question that the fellowship will be given to students from IISERs, IITs, NITs, IIITs and IISc who wish to pursue PhD in IITs or IISc and have a CPI of 8.5 or more. Hence, the first statement is incorrect, rest 2nd statement is correct.