UGC NET Higher-Ed Q43

Question

Given below are two statements:
Statement I: A private university is established through a state or Central Act by a society registered under the Societies Registration Act.
Statement II: The chancellor of a private university is appointed by the Chief Minister of the State or Prime Minister of the country, as the case may be.
In the light of the above statements, choose the most appropriate answer from the options given below:
1. Both Statement I and Statement II are correct.
2. Both Statement I and Statement II are incorrect.
3. Statement I is correct but Statement II is incorrect.
4. Statement I is incorrect but Statement II is correct.

Accepted Answer

(3) 3