With reference to Budget of Uttar Pradesh for the Financial Year 2020-21, which of the following statement(s) is/are true ?

1. The size of the budget was Rs. 5,12,860.72 crores.
2. Certain new schemes were also included in this budget amounting to Rs. 10,967.87 crores.

Select the correct answer from the code given below.
Code:

A) Neither 1 nor 2

B) Both 1 and 2

C) Only 2

D) Only 1

This MCQ is part of the UP PSC Previous Year Questions (PYQs) series, focusing on UPPSC Prelims 2022 (GS Paper I)