Which of the following statements is/are correct regarding National Innovation Foundation-India (NIF)? 1. NIF is an autonomous body of the Department of Science and Technology under the Central Government. 2. NIF is an initiative to strengthen the highly advanced scientific research in India's premier scientific institutions in collaboration with highly advanced foreign scientific institutions. Select the correct answer using the code given below.

Statement 1 is correct because the National Innovation Foundation (NIF) is an autonomous body under the Department of Science and Technology (DST) established to provide institutional support to grassroots innovators. Statement 2 is incorrect because NIF’s mandate is to scout and scale up innovations from the unorganized sector and traditional knowledge, rather than high-end research in premier scientific institutions. The core concept being tested is the institutional framework and specific mandate of government bodies supporting innovation in India.