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Prasanta Chandra Mahalanobis

Consider the following statements with reference to Professor Prasanta Chandra Mahalanobis:

  1. The Indian Statistical Institute (ISI) with a Statistical Laboratory was set up by him in 1950.
  2. He was also a key figure in the development of India’s second five-year plan (1956-1961).

Which of the statement(s) given above is/are correct?

A
Only 1
B
Only 2
C
Both 1 & 2
D
Neither 1 nor 2