Consider the following statements":
1. The current global economic crisis owes its genesis to the subprime crisis in the United States.
2. The Indian economy is showing a faster recovery from the economic crisis than its western counterparts.
Which of the statements given above is/are correct?

Options

A. 1 only
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2

Answer

D