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Consider the following statements with respect to Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
1. Under this scheme, farmers having cultivable land up to 5 hectares will be provided income support at the onset of every harvest year.
2. Funded by the Government of India, this income support will be transferred directly into the bank accounts of beneficiaries.
Which of the statement(s) given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
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