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Statement I tells us how many engineering colleges have shut down. Reasons such as less demand for engineering seats, or increased scrutiny by the AICTE could be behind it. Statement II tells us how there has been an increase in the number of colleges offering postgraduate medical education. Reasons such as an increase in demand for medical seats at the postgraduate level could be behind it. Thus, both the statements are effects of independent causes, which makes (d) the right answer.
Accrued interest –
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