1. The National Skill Development Corporation (NSDC) was set up by the Ministry of Finance.
2. The Government and the private sector holds 49% and 51% of the share capital of NSDC respectively.

1. The Governor cannot refuse the request of the cabinet regarding the summoning of the legislative assembly in any case.
2. Article 174 of the Constitution empowers the Governor to summon, prorogue and dissolve the legislative assembly.

 Which of the statements given above is/are correct?

1. In 1931, the Congress Committee met in Karachi and adopted the tricolour as the national flag. 
2. In 1907, Madame Cama and her group of exiled revolutionaries hoisted an Indian flag in Britain.
3. The design of the present-day Indian flag is largely attributed to Pingali Venkayya.

1. World Economic Outlook
2. World Development Report
3. Global Gender Gap Report
4. Global Economic Prospects