Given below are two statements. In the light of the above statements, choose the most appropriate answer from the options given below.

Statement I:If big corporate houses establish universities in India, quality professional training and education can be given to students.

Statement II:It is expected that universities and institutes established by corporate houses will be world leaders in education.

ABoth Statement I and Statement II are correct ✓ Correct

BBoth Statement I and Statement II are incorrect

CStatement I is correct but Statement II is incorrect

DStatement I is incorrect but Statement II is correct

Correct answer: (A) Both Statement I and Statement II are correct

Explanation

Statement 1 is acceptable, as large corporate houses setting up universities can give students quality professional training backed by strong resources.

Statement 2 is acceptable, as such well-funded institutes are expected to become world leaders in professional education.

Corporate investment can bring modern infrastructure, industry links and placement opportunities.

Both statements express a reasonable expectation about private participation in higher education.

NEP 2020 too encourages philanthropic and public-spirited private participation in education.

Safeguards on fees and quality remain needed so that access and equity are not compromised.

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