NAFED - GS questions based on daily current affairs

1)   Consider the following statements

1. NAFED is one of the largest procurement as well as marketing agencies for agricultural products in India.

2. National Spot Exchange is a Commodities exchange in India, and is a joint venture of Financial Technologies India Ltd. (FTIL) and National Agricultural Cooperative Marketing Federation of India (NAFED).

Which of the above statements is/ are correct?

a. Only 1
b. Only 2
c. Both
d. None