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With reference to 'Indian Ocean Rim Association for Regional Cooperation (IOR-ARC)': consider the following:

1. It was established very recently in response to incidents of piracy and accidents of oil spills,

2. It is an alliance meant for maritime security only.

Which of the above statements given above is/are correct?   

A) 1 only              

B) 2 only                  

C) Both 1 and 2           

D) Neither 1 nor 2