Regarding the Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY), which statement is/are correct?

1.it is a Central Sector Scheme administered by the Department of Finance

2.the Life Insurance Corporation (LIC) is the Pension Fund Manager and responsible for pension pay-out

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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