Q. Consider the following statements :1. The National Housing Bank the apex institution of housing finance in                 India,was set up as a wholly-owned subsidiary of the Reserve Banks of India.2. The small Industries Development Bank of India was established as a wholly       owned subsidiary of the Industrial Development Bank of India.Which of the statements given above is/are correct ? 

1. 1 only
2. 2 only
3. Both 1 and 2
4. Neither 1 nor 2