Current Affairs · Government Schemes

Consider the following statements regarding the National Overseas Scholarship (NOS) Scheme: I. It is a Central Sector Scheme administered by the Ministry of Education to fund marginalised students pursuing undergraduate and postgraduate studies abroad. II. 30% of the total scholarships awarded each year are reserved for female candidates. III. Candidates who have already completed a Master's degree using any other scholarship abroad are ineligible to apply for a second Master's under this scheme. IV. Eligibility requires the applicant's family income to be less than ₹8 lakh per annum and the applicant must be under 35 years of age as of April 1 of the selection year. How many of the above statements are correct?