The correct answer is: C. Both 1 and 2
HIMBUNKAR was set-up in 1990, to give impetus to handloom and handicrafts. It is the state level apex organisation of primary cooperative societies.
Statement 1 is correct. HIMBUNKAR was set-up in 1990, to give impetus to handloom and handicrafts.
Statement 2 is also correct. HIMBUNKAR is the state level apex organisation of primary cooperative societies.
Therefore, both statements are correct.