Consider the following as objectives of the New Science and Technology Policy, 2003 and state which is/are correctly stated, with the help of codes given below:

1. Optimal utilisation of existing physical and knowledge resources.
2. Development of innovative technologies.
3. Development of systems and technologies for mitigation and management of natural hazards.
4. Management of intellectual property.

Codes:

A) 1 and 2 only

B) 1, 2 and 3 only

C) 1, 3 and 4 only

D) All of the above

This MCQ is part of the UP PSC Previous Year Questions (PYQs) series, focusing on UPPSC Prelims 2008 (GS Paper I)