Consider the following statements: 1. Government of India has upgraded the National Industrial Classification from NIC-1987 to NIC-2008. 2. NIC is an essential

Question

Consider the following statements:
1. Government of India has upgraded the National Industrial Classification from NIC-1987 to NIC-2008.
2. NIC is an essential statistical standard for developing and maintaining comparable database according to economic activities.
Which of the statement(s) given above is/are correct?

Accepted Answer

(C) Both 1 and 2

Answer

(A) Only 1

Answer

(B) Only 2

Answer

(D) Neither 1 nor 2