Consider the following statements in context with the Infrastructure Finance Companies: 

  1. The Infrastructure Finance Companies are able to finance the infrastructure projects more than 75% of their total assets so thus can do more business.
  2. The Infrastructure Finance Companies become eligible for issuance of ‘infrastructure bonds’ and for raising funds up to 500 million dollars through external commercial borrowing (ECB) in a year.

Which among the above statements is/ are correct?

[A] Only 1
[B] Only 2
[C] Both 1 & 2
[D] None

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