MCQ on NE Connectivity Summit

Consider the following statements about North East Connectivity Summit:
1. It is an initiative of Government of India.
2. The theme for this year is ‘Act East from Nagaland’.
Which of the above statements is/are correct?
1 only
2 only
1 and 2
Neither 1 nor 2
Explanation :
North East Connectivity Summit is a cross sectoral initiative of FICCI. The summit has the objective of highlighting the connectivity gaps and proposing a comprehensive connectivity agenda apart from encouraging private sector investment in connectivity infrastructure. The 4th Edition of the summit was held this year in Kohima, Nagaland with the theme ‘Act East from Nagaland’.