The correct answer is option 3, which states that both statement 1 and statement 2 are correct.

Statement 1 is correct. The ‘SHRESHTA’ scheme, launched by the Government of India, aims to provide residential education for students in high school in targeted areas. This means that students who are studying in high school and residing in specific areas are eligible for this scheme. The scheme intends to improve the quality of education and provide better opportunities for students in these areas.

Statement 2 is also correct. The ‘SHRESHTA’ scheme focuses on providing high-quality education to meritorious but poor Scheduled Caste students. This means that the scheme specifically targets students from the Scheduled Caste community who demonstrate merit and potential but are economically disadvantaged. The aim is to bridge the educational gap and provide equal opportunities for students from these communities.

In summary, the ‘SHRESHTA’ scheme provides residential education for high school students in targeted areas and focuses on providing high-quality education to meritorious but poor Scheduled Caste students.