Consider the following statements: 

  1. A bank can sell Non performing Assets to other companies. 
  2. Banks have to keep aside extra funds for Non Performing Assets

Which among the above statements is/ are correct?

[A] Only 1 is correct
[B] Only 2 is correct
[C] Both 1 & 2 are correct
[D] Neither 1 nor 2 is correct

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