1. Which of the following statement/s is/are correct regarding J&K flood-hit: 1. J & K government has approved five percent interest subvention to flood-hit traders. It will be effective from 1st May 2016. 3. The subsidy will have a cap of five lakh rupees per affected business unit for a period of four years. 4. The decision was taken at a Cabinet meeting chaired by Chief Minister Mehbooba Mufti in Jammu. Cabinet constituted a high-level Coordination Committee headed by Chief Secretary.
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