Asia Pacific Rural And Agricultural Credit Association

Recently, the 6th World Congress on Rural and Agricultural Finance was organised by NABARD in association with the Asia Pacific Rural and Agricultural Credit Association (APRACA). Consider the following given statements about the APRACA:

  1. It was launched during the first General Assembly Meeting held in New Delhi, India in 1977.
  2. The General Secretariat of APRACA was established at the FAO Regional Office for Asia and the Pacific (FAO-RAP) premises in Bangkok, Thailand.

Choose the correct answer from the codes given below:

Only 1
Only 2
Both 1 and 2
Neither 1 nor 2