Consider the following statements.
Statement 1: The United Nations Capital Development Fund (UNCDF) and the Arbor Day Foundation have recently recognized Hyderabad as 2020 Tree City of the World.
Statement 2: Hyderabad was selected for the recognition for a year following its commitment to grow and maintain the urban forests.
Which one of the following is correct in respect of the above statements?

Correct Answer: Statement 1 is not correct but Statement 2 is correct.

Step-by-Step Explanation:

Analyzing Statement 1:

Statement 1 claims that the United Nations Capital Development Fund (UNCDF) and the Arbor Day Foundation recognized Hyderabad as the "2020 Tree City of the World".

This statement is incorrect because the recognition of the "Tree City of the World" was jointly awarded by the Food and Agriculture Organization (FAO) of the United Nations and the Arbor Day Foundation, not the United Nations Capital Development Fund (UNCDF).

Analyzing Statement 2:

Statement 2 claims that Hyderabad was selected for the recognition following its commitment to grow and maintain urban forests.

This statement is correct. Hyderabad was chosen for its dedication and initiative in growing and maintaining urban forestry, particularly through programs like "Haritha Haram" and the establishment of urban forest parks.

Conclusion:

Since Statement 1 is incorrect (due to the wrong UN agency named) and Statement 2 is correct, the correct choice is Statement 1 is not correct but Statement 2 is correct.